Sivers Semiconductors is trading 14.49% down at €2.36 as the stock extends a sharp pullback amid a broader semiconductor sector decline.
- The move tracks a 4.45% drop in the SOXX ETF, with the chip sector pressured by mounting fears over AI spending sustainability and competition in China.
- The decline follows a period of significant volatility, extending a trend noted on July 28 when the stock fell 11.7% after a previous price spike, suggesting a continuation of the recent downward trend rather than a new company-specific catalyst.