🔴 Global Semiconductors ETF (SEC0.DE) is trading 3.13% down ahead of Nvidia results

SEC0.DE is trading at €16.27 (-3.13%) as semiconductor stocks face selling ahead of Nvidia results.

• Investors are reducing exposure to richly valued technology and AI names; rising long-term Treasury yields are also pressuring growth-oriented technology stocks.
• Potential Iran sanctions, tariff tensions, and geopolitical risk are weighing on risk sentiment.
• The decline appears sector-wide rather than ETF-specific: semiconductor breadth is weakening despite modest broader-index losses, with Nvidia-related positioning and elevated rates amplifying selling in global chipmakers.