SEMI.AS is trading at $19.38 (-3.97%) as an intensifying sector-wide selloff in semiconductors and AI hardware extends a multiday slide for the ETF.
- The downturn follows TSMC’s massive capex hike, which sparked fears that significant AI infrastructure spending may not quickly translate into bottom-line profits.
- The broader global semiconductor index has now entered bear-market territory, weighing heavily on chip-related equities.