L8I7.DE is trading at €8.24 (-8.53%) as concerns over potential AI regulations and delays in U.S. data-center construction spark a significant technology selloff.
- The downturn aligns with a broader Nasdaq-100 decline, exacerbated by weak sentiment in the semiconductor sector following Nvidia’s drop and Qualcomm’s cautious outlook.
- As a daily 2× leveraged ETF, L8I7.DE magnifies the volatility of its underlying index, leading to more pronounced price swings during market corrections.