LSMC.DE is trading at €109.10 (-5.11%), following a sharp August 18 semiconductor-sector retreat as higher Treasury yields raised pressure on highly valued growth stocks.
- The Philadelphia Semiconductor Index fell 4.98%, with NVIDIA, Broadcom, Micron, Intel, and Marvell among the decliners.
- The 30-year yield reached 5.3371%, its highest level since 2007; fading U.S.-Iran diplomatic hopes lifted oil and inflation concerns, worsening risk sentiment.