QBIT.SW is trading at CHF 14.31, down -7.59%, as fears that election outcomes and local restrictions could slow U.S. data-center construction, weakening expectations for future AI-chip demand.

  • Semiconductor stocks fell despite a broader U.S. market rally; the Philadelphia Semiconductor Index lost 3.13% on November 4.
  • Kioxia’s cautious December-quarter outlook, including slower NAND price gains, added to concerns about memory-sector pricing momentum.