🔴 Semiconductor ETN (SMHU) is trading 16.59% down on concerns data-center rules may slow AI expansion

SMHU is trading at $14.03, down 16.59%, as investors weigh whether tighter data-center rules could slow AI infrastructure expansion.

• The PHLX Semiconductor Index fell more than 3% in premarket trading; major chipmakers were also under pressure.
• The selloff followed Democrats’ midterm gains, fueling concerns about permitting and regulation in key data-center states.
• Sector-wide pressure is the clearest catalyst for SMHU’s leveraged decline.