SEMI.AX is trading 5.2% down today as investors sell off semiconductor and AI-related stocks following TSMC’s higher capital expenditure guidance and renewed concerns regarding the durability of the AI infrastructure boom.
- The decline reflects broader risk-off sentiment in Asian technology markets following the Bank of Korea’s rate hike and steep losses in major South Korean chipmakers.
- Global market pressure is intensifying due to escalating geopolitical tensions between the U.S. and Iran, further weighing on high-growth semiconductor assets.