SEMI.AS is trading at $18.88 (-4.52%) as semiconductor ETFs face pressure from a broader AI spending selloff and concerns over hyperscaler capex.

  • Investors are questioning whether massive capital expenditures will translate into near-term returns, triggering valuation concerns and profit-taking.
  • The decline is consistent with a wider sector rotation and Nasdaq softness rather than any fund-specific news.
  • Semiconductors continue to lag the broader market as part of a recent pattern of tech-sector weakness.