SEMI.AS is trading at $18.93 (-3.53%) amid a semiconductor selloff.
- The Philadelphia Semiconductor Index fell 3.6%, while the Nasdaq 100 dropped 1.4% during the August 24 session.
- Investors are reducing exposure to high-growth technology shares amid elevated expectations and rising AI-server prices ahead of Nvidia’s August 26 earnings.
- Iran sanctions uncertainty, high Treasury yields and broader risk aversion are adding pressure.