🔴 Photonics ETF (EUVL.DE) is trading 6.29% down on October 15, 2026, as CXMT intensifies chip competition

EUVL.DE is trading at €6.39 (-6.29%) as semiconductor shares faced pressure from concerns about China’s CXMT advancing memory technology and intensifying competition for established chipmakers.

• Hotter-than-expected September CPI revived higher-for-longer rate concerns, weighing on growth stocks.
• The semiconductor selloff also reflected doubts about AI spending and valuations.