🔴 LSMC.DE is trading 3.3% down today on ongoing global chip selloff and AI valuation concerns

LSMC.DE is trading 3.3% down today at €106.56, extending a multi-day decline driven by a global selloff in semiconductor and AI stocks.

• The downturn is fueled by sector-wide concerns over high valuations and massive AI-related capital expenditure, particularly following TSMC’s significant investment and spending updates.
• Market pressure is further intensified by rising interest rates in Asia and a broader risk-off sentiment targeting growth and chip-related names.