🇰🇷 Korean, 19 October 2026, ETF decline
US Data Center ETF Plummets 20% Amid AI Funding Worries
US data center ETFs have plummeted 20% in a week amid AI funding concerns.
The US data center-related exchange-traded fund (ETF) has dropped by 20% in a week, amid growing concerns over funding for the artificial intelligence (AI) industry. The decline is attributed to the concentration of the infrastructure ETF in CoreWeave and Navitas.
The AI investment market as a whole is experiencing a downturn, with many investors becoming cautious about the sector. This has led to a decline in the value of the ETF, which tracks the performance of data centers in the US.