🔴 Global Memory Chips ETF (QBIT.SW) is trading 3.16% down on August 24, 2026 amid semiconductor weakness

QBIT.SW is trading at CHF 18.12 (-3.16%) as semiconductor weakness spreads from U.S. technology stocks.

• Samsung Electronics and SK Hynix fell sharply in Asia, pressuring memory stocks.
• Investors are reducing risk ahead of NVIDIA’s August 26 earnings, amid concerns about AI-spending returns and elevated chip valuations.
• The broader KOSPI fell 3.12%, confirming a wider regional technology selloff.