🔴 Photonics ETF (EUVL.DE) is trading 3.56% down as investors question AI spending returns

EUVL.DE is trading at €6.12, down 3.56%, as Alphabet’s results revived AI-spending return concerns and pressured semiconductor shares.

• Major chip stocks fell in U.S. premarket trading; Samsung’s disappointing results and shareholder-return details weighed on Korean shares, reversing the prior session’s chip rally.
• Rising PCE inflation and a cautious response to the Fed’s rate hold added pressure to technology shares. Supplied price context shows a sharp intraday decline; volume data was not included.