SEMI.AS is trading 4.2% down today as the broader semiconductor sector undergoes a correction following a powerful, AI-driven rally that left valuations stretched.
- Profit-taking is hitting global chip ETFs after significant year-to-date gains, with key benchmarks like the SOXX dropping sharply in recent sessions.
- Sentiment is further pressured by a selloff in South Korean tech stocks and growing concerns regarding overinvestment in AI infrastructure and memory-chip pricing.