THNQ is trading 7.7% down at $73.00 in pre-market as semiconductor and AI hardware names face renewed pressure.
- The decline follows a sharp overnight sell-off in global chipmakers like Samsung and SK Hynix.
- Sentiment is being weighed down by concerns over heavy AI infrastructure spending and rising competition from Chinese rivals.
- The broader AI and semiconductor sector is seeing widespread weakness as market participants reassess growth expectations.