🔴 Semiconductor ETF (SMH) is trading 1.84% down as AI infrastructure financing doubts pressure chipmakers

SMH is trading at $538.37, with a -1.84% change, as renewed doubts about AI infrastructure financing and profitability pressure chipmakers.

• Reports describe declines across Asian and European semiconductor shares, reversing Monday’s chip rebound.
• Investors remain concerned about the burden of heavy AI investment and whether returns will justify the spending.
• The pullback reflects sector-wide financing fears rather than a catalyst specific to one company.