Blaize Holdings is trading 5% down at $0.94 after news that major investor Temasek slashed its stake by approximately 60% in the first quarter, highlighting concerns over widening losses.
- The significant reduction in ownership by Temasek has dented investor confidence in the company’s long-term financial outlook.
- The stock is facing additional pressure from broader semiconductor sector weakness, driven by valuation concerns and cooling enthusiasm for AI infrastructure spending.