nLIGHT is trading 9.7% down at $61.60 amid a sharp selloff across the semiconductor industry.
- The move aligns with a broader chip downturn, with the SOXX index falling 4.45% as investors weigh concerns regarding AI spending and competition in China.
- No company-specific catalyst is apparent in recent news, suggesting the decline is sector-driven rather than tied to a new nLIGHT announcement.