🔴 Semiconductor ETF (SEMI.AS) is trading 7.6% down on chip-demand and AI-return concerns

SEMI.AS is trading at $17.73, down 7.63%, amid concerns about PC-chip demand and returns on costly AI infrastructure spending.

• Semiconductor stocks and supply chain sold off October 30 after Intel’s weak outlook and Amazon’s results renewed those concerns.
• October 30 was the last completed session; November 2 trading had not yet occurred at the stated time. Asian chip shares were mixed November 2: Kioxia fell sharply on weak guidance, while SK Hynix and Samsung rose.