🔴 nLIGHT is trading 10.4% down today amid broad semiconductor sector selloff

nLIGHT is trading 10.4% down at $60.73 as a broad semiconductor selloff pressures chip stocks across the market.

• The decline mirrors a sharp drop in the SOXX index, driven by weakening sentiment regarding AI spending and competition in China.
• No company-specific catalyst has been identified, with the stock moving in tandem with the broader industry downturn.
• The sector remains under pressure as investors weigh macroeconomic concerns against previous high-growth expectations.