GSI Technology is trading 13.19% down at $3.16 as semiconductor stocks sell off.
- No company-specific announcement explaining the decline surfaced; fiscal second-quarter results are scheduled after the market close and do not explain this morning’s move.
- Investors are weighing possible AI data-center regulatory scrutiny and weak smartphone-chip demand; Qualcomm’s handset revenue fell 26% to $5.14 billion.
- Reuters reported chip and data-center stocks under pressure.