🔴 SMGB.L is trading 8.25% down today as AI infrastructure spending concerns and fears of tighter U.S. data-center rules spark a sector-wide selloff

SMGB.L is trading at £63.02 (-8.25%) as semiconductor shares sold off sharply amid investor concerns over AI infrastructure spending and potential regulatory changes following the midterm results.

• The Philadelphia Semiconductor Index fell approximately 12%, with heavy losses reported among major chipmakers including NVIDIA, AMD, and Micron.
• Sector-wide declines were driven by fears of tighter U.S. data-center rules, impacting the ETF’s concentrated semiconductor holdings.
• The price movement reflects the latest session's volatility rather than a specific new London-market trade for November 6.