BOTZ is trading 4.2% down today as investors rotate out of richly valued AI and semiconductor names, dragging robotics and automation stocks lower.

  • The ETF is closely tied to major chipmakers like Nvidia and TSMC, which are selling off as markets reassess aggressive AI-capex plans and higher-rate risk.
  • The decline follows TSMC’s record earnings and massive U.S. investment announcement, which triggered a broader market reassessment of the sector's valuation.