S&P 500 futures rose slightly on Friday, as traders headed for a mostly losing week amid declines in tech and artificial intelligence-related names.

Futures tied to the broad market average traded 0.2% higher, while Nasdaq-100 futures teetered around the flat line. Futures linked to the Dow Jones Industrial Average gained 61 point, or 0.1%.

Tesla shares rose 3% after the electric vehicle maker unveiled its next-generation roadster. To be sure, the model won’t go into production until 2028.

Chipmakers were lower again, however. The VanEck Semiconductor ETF (SMH) shed 0.7%, led by declines in Micron, AMD and Sandisk. Semiconductors have struggled this week amid jitters about competition from China. The SMH is down 7.4% week to date heading into Friday’s open.

Those declines, coupled with drops in other stocks linked to artificial intelligence, put the S&P 500 on pace for a losing week. The benchmark index is down 0.9% this week, while the Nasdaq has shed 2.4%.

“One of the real challenges we’ve had in AI and technology overall for the last six to 12 months is that so much of what’s happening is happening in private markets,” Jeff Richards, managing partner at Notable Capital, told CNBC’s “Closing Bell” on Thursday. He noted that AI-linked companies like Anthropic and OpenAI, among others, going public could help assuage investor concerns.

“Once we get more of the information out there – analyst coverage, detailed information on core metrics – into the market over the course of ’27, I think a lot of those fears will ease,” he said.

Outside of tech, investors have been grappling with hotter-than-expected inflation data, which has been exacerbated by elevated energy prices in the wake of the U.S.-Iran war. Wholesale inflation this week saw its biggest gain since 2022, while consumer inflation remained well above the Federal Reserve’s target of 2%.

Fed Chairman Kevin Warsh spoke at an IMF event in Bangkok overnight. And while he didn’t comment on whether the Fed would raise rates before year-end, traders took that as a sign that the central bank will hold policy steady later this month. The CME Group’s FedWatch tool points to an 85% chance the Fed keeps its overnight rate unchanged at its Oct. 27-28 meeting.