LSMC.DE is trading 3.2% lower at $118.26 as markets digest elevated valuations and a warning from the Bank for International Settlements (BIS) regarding systemic risks in aggressive AI infrastructure spending.
- The retreat follows a sharp rebound in the previous session, reflecting a broader cooling trend across the semiconductor and AI sectors.
- Investor sentiment is further pressured by caution surrounding upcoming manufacturing PMI data and fragile geopolitical negotiations, dampening risk appetite for cyclical tech exposure.