STMicroelectronics is trading at $45.74, down 4.39%, as semiconductor shares faced pressure over questions about AI spending returns.
- Lam Research fell 7.4% in extended trading after a weaker-than-expected forecast.
- Technology earnings concerns and escalating Middle East tensions, which pushed oil higher, also weakened broader risk sentiment.
- No direct STMicroelectronics announcement or company-specific catalyst was identified. Trading volume and activity data were not provided.