🔴 Lightwave Logic is trading 9.1% down today as AI spending concerns weigh on semiconductors

Lightwave Logic is trading 9.1% down at $5.53 today, moving in tandem with a sharp pullback across the semiconductor sector.

• The stock’s drop follows ongoing sector weakness tied to worries about heavy AI-related spending and increased competition from Chinese chipmakers.
• Broader pressure on the chips and semiconductors group is being driven by profit-taking following recent market gains.