🔴 Semiconductor Photonics ETF (EUVL.DE) is trading 3.2% down as CXMT's DRAM push raises competition fears

EUVL.DE is trading at €6.99 (-3.19%) as semiconductor weakness, driven by concerns over CXMT’s DRAM advances and planned server-memory product, weighed on the ETF.

• Reports of denser DRAM technology and a new server-memory product raised concerns about future competition and memory makers’ pricing power.
• Memory-chip shares fell, and South Korea’s chip-heavy Kospi plunged during the October 13 selloff.
• Broader anxiety about AI investment also weighed on chip sentiment; the decline was sector-specific rather than a broad-market selloff.