🔴 SEMI.AS is trading 4% down today on AI valuation concerns and sector rotation

SEMI.AS is trading 4% down today, extending last week’s sector weakness as investors lock in profits following a powerful AI-driven rally.

• The decline reflects stretched valuations and a broader rotation out of high-growth semiconductor names into other market sectors.
• Despite broadly positive equity markets, warnings regarding AI infrastructure spending risks and recent tech volatility are specifically pressuring semiconductor-related ETFs.