AAOG is trading 17.5% down today as the semiconductor rout continues amid reports of aggressive Chinese competition and geopolitical volatility.
- Leveraged exposure is magnifying downside moves in AI infrastructure stocks following reports of increased chipmaking competition from China.
- Global tech sentiment is under pressure from renewed volatility and escalating geopolitical tensions in the Middle East.
- The fund, which tracks Applied Optoelectronics (AAOI) and the AI hardware space, is facing significant headwinds as the broader chip selloff persists.