EUV is trading 5.2% down as a continuing global semiconductor and photonics selloff weighs on the sector.

  • The ETF is reacting to sharp declines in Asian chipmakers and ongoing concerns about lofty AI-related valuations.
  • Broader risk-off sentiment tied to higher-rate fears, TSMC’s massive capex plans, and U.S.–Iran tensions is further dragging tech futures and sector ETFs.