🔴 Kulicke and Soffa is trading 7.7% down in pre-market as inflation revives rate concerns

Kulicke and Soffa is trading 7.7% down at $78.00 in pre-market on October 15, as hotter-than-expected U.S. inflation revived expectations of higher interest rates and pressured technology shares.

• Shares declined 4.55% on October 14; no company-specific announcement was identified.
• The selloff extended across Asia, where Samsung Electronics and SK Hynix fell sharply amid pressure on semiconductor stocks and AI-related investment sentiment.