EUV is trading at $25.94 (-3.75%) as markets reassess risk in the semiconductor and AI-hardware sectors amid geopolitical tensions and changing demand outlooks.

  • The photonics-focused ETF is experiencing heightened volatility alongside major holdings including TSMC, ASML, Applied Materials, and Lam Research.
  • The downturn reflects broader market concerns regarding ongoing Middle East tensions and evolving expectations for technology capital spending and hardware demand.