🔴 Onto Innovation is trading 10.1% down today amid a broader semiconductor and AI sector sell-off

Onto Innovation is trading 10.1% down today at $234.19 as part of a sharp pullback in semiconductor and AI-related stocks.

• The decline is driven by sector-wide concerns regarding heavy capital expenditure for AI infrastructure and rising competition from Chinese semiconductor firms.
• The move coincides with a broader downturn in technology indices as investors reassess valuations across the chip-making industry.