SMH.MI is trading at €89.33, down 3.59% on September 14, 2026, as semiconductor shares weakened after Anthropic CEO Dario Amodei urged slower frontier-AI development, raising concerns about future AI infrastructure spending.
- Asian chipmakers Samsung, SK Hynix, and TSMC declined.
- Higher oil prices, rising bond yields, and weaker U.S. futures pressured rate-sensitive technology stocks.
- The move appears sector-led, amid renewed risk aversion, Middle East supply fears, and inflation concerns.