SEMI.AS is trading at $17.91, down 5.66%, as renewed doubts that massive AI data-center spending will generate adequate returns pressure semiconductor shares.

  • Lam Research fell 7.4% after a weaker-than-expected earnings forecast.
  • Asian chipmakers also sold off, with SK Hynix down 4% and Samsung Electronics down 3.6%.
  • Strait of Hormuz tensions and surging oil added broader risk-off pressure.