🔴 SEMI is trading 2.1% down today as AI capex concerns weigh on chip sentiment

SEMI is trading 2.1% down now at $35.98, reflecting ongoing pressure on semiconductor and AI-related tech names.

• Chip sentiment remains fragile following elevated AI capex concerns and recent tariff headlines.
• A mixed broader market and sector rotation out of technology stocks are adding to the downside pressure.
• No fresh, SEMI-specific news or major ETF-level catalysts have emerged to drive the move.