IVAI.L is trading 3.7% down today, extending a multi-day slide driven by a global sell-off in AI and semiconductor names.
- The ETF, which tracks the S&P Kensho Global Artificial Intelligence Enablers Screened index, is being impacted by a broader investor rotation out of high-valuation tech into industrial and value sectors.
- Key holdings such as Intel, NVIDIA, Alphabet, and Dell are under pressure as markets reassess the near-term profitability of the AI sector.