🔴 Soitec is trading 12% down today on profit-taking and AI-linked semiconductor correction

Soitec is trading 12% down at €94.20 on profit-taking following a sharp AI-driven rally and a broader semiconductor sector correction.

• The stock pulled back after a volatile session earlier this week saw prices spike more than 20%.
• Sentiment is dampened by growing concerns over the sustainability of AI capital expenditure and rising competition from Chinese chipmakers.
• The decline reflects a wider selloff currently pressuring chipmakers on a global scale.