🔴 Semiconductors ETF (LSMC.DE) is trading 3.05% down amid broader semiconductor selloff ahead of Nvidia earnings

LSMC.DE is trading 3.05% down as investors reduce exposure to highly valued AI and chip stocks ahead of Nvidia’s August 26 earnings.

• The Philadelphia Semiconductor Index declined about 5% during the prior week, while higher Treasury yields continue pressuring growth-sensitive technology shares.
• The move appears sector-driven rather than ETF-specific; Asian semiconductor shares also weakened as markets await Nvidia’s results and U.S. inflation data.
• Threatened U.S. sanctions on Iran and failed U.S.-Canada trade talks added risk-off pressure.