Disco is trading at €350 (-8.38%) following a sharp selloff that aligns with broader weakness across the semiconductor sector.
- The broader chip complex faced pressure after TSMC’s higher capital spending forecast revived investor concerns regarding the sustainability of AI infrastructure costs and valuations.
- Selling pressure appears to be an extension of profit-taking following a recent earnings briefing, which had already triggered a 3.8% decline despite positive commentary on AI demand.