🔴 IUSG is trading 1.5% down today on AI infrastructure concerns and semiconductor sell-off

IUSG is trading 1.5% down today as growth and semiconductor stocks retreat following TSMC’s increased capital expenditure plans.

• Chipmakers face pressure as TSMC’s record Q2 profit came with higher spending, sparking doubts about the durability and profitability of the AI infrastructure boom.
• Hawkish Federal Reserve remarks on AI-driven inflation and rising U.S.-Iran tensions are further weighing on risk appetite and high-valuation technology names.