VVSM.DE is trading at €87.06 (-3.22%) amid semiconductor-sector selling ahead of NVIDIA’s August 26 earnings.
- Investors are reducing exposure amid demanding AI-growth expectations.
- Elevated Treasury yields, including the 30-year yield at 5.2760%, are increasing discount-rate pressure on growth and technology valuations.
- Risk sentiment is weakened by threatened Iran sanctions and escalating U.S.-Canada tariff tensions.