SEMI.AX is trading at A$35.77 (-3.06%) as a sharp semiconductor-memory selloff pressures the ETF after Western Digital and SanDisk forecasts failed to meet elevated AI-storage expectations despite beating estimates.
- SK hynix fell 10.37% and Samsung Electronics dropped 6.30%, intensifying weakness in Asian chip leaders.
- South Korea’s KOSPI fell 4.58% as concerns that enormous AI infrastructure spending may not generate sufficiently strong returns weighed on semiconductor valuations.