Marked Chart Marked Chart Open

The Marked Chart Wire · Markets

HotAI Spending

Stock futures mixed as chip stocks fall and banks rise

US futures were mixed Thursday morning with financials and Big Tech gaining while semiconductors declined. Qualcomm dropped 10.74 percent on weak sales, and UBS warned that construction pauses could impact 30 percent of 2028 data center capacity.

QCOM-9.4%

Part of a series: AI Spending: the latest, in order

Illustration for the Markets desk

The stocks in this story

  1. QCOM-9.4%QUALCOMM$156.86

Prices from Live · updated 9:48 AM ET. Each tile opens the stock's chart and news.

New to this? Read: Reading a stock chart

More Markets news

AI Spending

Citroni sees peak in AI infrastructure spending

Citroni argues that AI infrastructure risks have shifted to the downside and predicts higher US data center costs following Democratic midterm wins. The firm also warns of a move toward late-cycle stagflation.

Fast headlines, summarized. Not verified and not advice. Check the full story before you act.