🔴 AMDC is trading 21.9% down today on semiconductor selloff and AI spending concerns

AMDC is trading at $16.00 (-21.9%) as the semiconductor complex remains under pressure from AI spending concerns and rising competition in China.

• The ETF is tracking a broader sector rotation out of growth technology and into defensive names.
• Pre-market weakness is being reinforced by risk-off positioning ahead of the Federal Reserve meeting and renewed Middle East tensions.