🔴 Kulicke and Soffa is trading 4.35% down in pre-market amid a broad semiconductor selloff

Kulicke and Soffa is trading at $84.55, down 4.35%, in pre-market amid a broad semiconductor selloff.

• Investors are questioning AI spending and worrying about Chinese chip competition.
• Semiconductor weakness spread across Asian markets, while U.S. chip shares were also lower.
• No company-specific announcement explaining the move was found. Kulicke and Soffa was listed among participants in an October 13 CEO Investor Summit, but available coverage does not link the event to the decline.