🔴 Tech ETF (CIBR) is trading 2.75% down today as investors reassess AI infrastructure returns

CIBR is trading 2.75% down today as investors reassess the capital intensity and expected returns of the AI infrastructure boom.

• SpaceX’s reported $15.8 billion AI infrastructure spending and AMD’s post-earnings decline intensified selling across technology and semiconductor shares.
• The Nasdaq fell as industrial and value-oriented stocks strengthened, while Nvidia’s gains after announcing an exclusive SpaceX chip relationship only partly offset broader technology weakness.