Sivers Semiconductors AB (publ) is trading at $81.45, down 12%, as the stock faces a sharp bout of profit-taking following an extreme AI-driven rally earlier this week.
- The stock previously surged approximately 60% on a strategic AI-related collaboration, attracting heavy speculative interest and elevated short interest.
- Shares are currently retracing as momentum fades amid a broader sector-wide sell-off in semiconductor and AI names.