AM Markets Need to Know: AI shorts gain $6B, chip stocks test support, and more

[Expanding Global Connection Lines - Global Business, Financial Network, Flight Routes] DKosig Stock index futures were mixed on Friday, a day after a technology sell-off pushed the Nasdaq sharply lower. Here are the five news items investors should watch: SEMICONDUCTOR STOCKS TEST 200-DAY MOVING AVERAGE: Semiconductor stocks are testing their 200-day moving average for the first time in 16 months as concerns over returns on heavy AI spending weigh on technology [https://seekingalpha.com/news/4656457-semiconductor-stocks-flirt-with-a-key-line-after-brutal-tech-selloff] shares. The iShares Semiconductor ETF (SOXX [https://seekingalpha.com/symbol/SOXX]) fell 6.62% on Thursday, touching its 200-day moving average at $473.