SEMI.AS is trading 4.2% down today as concerns over AI infrastructure returns and intensifying Chinese competition pressure the global semiconductor sector.
- Meta’s recent earnings highlighted massive AI capital expenditures, reinforcing fears that high costs will compress margins across the tech and semiconductor complex.
- Sentiment has weakened as investors reassess the long-term profitability of heavy AI infrastructure spending amid a broader tech sector selloff.
- Intensifying competition from China in the advanced chipmaking equipment market is adding further downward pressure on the index.