🔴 SEMI.AS is trading 3.3% down today on profit-taking and rising Middle East tensions

SEMI.AS is trading 3.3% down today as investors unwind recent AI and semiconductor gains amid a broader pullback in high-valuation technology stocks.

• Profit-taking following last week’s rally is weighing on the chip sector as investors rotate out of growth-oriented assets.
• Escalating Middle East tensions and rising oil prices have intensified global risk-off sentiment, further amplifying the downside move for the ETF.
• The decline reflects a shift in investor preference toward safer assets in response to macroeconomic and geopolitical uncertainty.