LSMC.DE is trading 3.2% lower at $114.96 as the semiconductor sector faces a sharp correction driven by valuation concerns and systemic risk warnings.
- The decline tracks a broader pullback in AI-related equities, fueled by concerns over stretched valuations in AI infrastructure and a BIS warning regarding systemic risks.
- Major industry names including Nvidia and Micron have seen significant selling pressure, while tech futures signal further potential softness in the sector.