🔴 AEM Holdings is trading 8.5% down today on global semiconductor rout

AEM Holdings is trading 8.5% down at SGD 8.04 following a sharp pullback in semiconductor-related stocks.

• The decline tracks a broader global semiconductor rout driven by profit-taking after the AI rally and growing concerns over heavy AI infrastructure capital expenditure.
• Sentiment is further pressured by rising competition from Chinese chipmakers and significant losses in sector benchmarks like the SOXX, which fell over 4%.