SEMI.AX is trading at A$32.55 (-4.55%) as global semiconductor stocks sell off amid investor skepticism regarding returns on massive AI infrastructure spending.
- Investors are questioning the profitability of AI investments, with pressure amplified by rising competition from China and weak sentiment across the chipmaking industry.
- A broader risk-off market tone is impacting technology and growth names, driven by higher yields and escalating geopolitical tensions.
- The move reflects sector-wide trends rather than fund-specific issues, as the ETF tracks the performance of the global semiconductor market.