🔴 SMH3.L is trading 10% down today as semiconductor stocks retreat from AI-driven highs

SMH3.L is trading 10% down today as semiconductor stocks retreat following recent AI-driven gains and volatile flows into the underlying VanEck Semiconductor ETF (SMH).

• Leveraged exposure is magnifying a broader sector decline, driven by risk-off sentiment ahead of key manufacturing data releases.
• Investors are weighing concerns over potentially overheated AI infrastructure spending and previous large outflows from the semiconductor space.