LYTE.MI is trading at €4.37 (-10.95%) as the photonics and optical-component sectors face a sharp repricing amid broader AI infrastructure concerns.
- Investors are reacting to fears that a Democratic sweep could result in tighter regulations for AI and data centers, potentially slowing the pace of infrastructure expansion.
- The selloff is intensified by a broader downturn in semiconductor stocks, fueled by Qualcomm’s weak outlook and significant losses in key sector peers like Coherent and Lumentum.