🔴 Tech ETF (SPRX) is trading 1.9% down today as AI infrastructure spending faces scrutiny

SPRX is trading at $46.02 (-1.86%) as investors question the sustainability and returns of elevated AI infrastructure spending.

• Nasdaq futures are weaker; Western Digital and SanDisk fell sharply despite strong forecasts, pressuring memory and semiconductor stocks.
• The broader market is rotating toward industrial and consumer shares, while Middle East peace-deal progress supports the Dow more than technology.
• The move follows AMD’s disappointing outlook and the previous session’s technology selloff.