AAOG is trading lower at $2.03 (-4.75%) as the leveraged semiconductor ETF extends a week of steep losses tied to the global sector sell-off.

  • Renewed geopolitical tensions and ongoing valuation concerns in AI-capex heavy names continue to pressure leveraged semiconductor products.
  • The downward trend persists despite pre-market stabilization headlines and modest rebound attempts in some chip benchmarks following the July 28 rout.