🔴 QNTM.SW is trading 3.9% down today amid tech selloff and TSMC capex concerns

QNTM.SW is trading 3.9% down today as growth-oriented technology and semiconductor stocks face a broad selloff.

• Chipmakers have declined following TSMC’s aggressive capex plans, which has triggered a pullback in specialized tech themes like quantum computing.
• Rising geopolitical risks and hawkish central bank signals are weighing on risk assets, driving the VanEck Quantum Computing ETF lower.
• The fund, which tracks the MarketVector Global Quantum Leaders Index, is experiencing heightened volatility in line with the broader technology sector.