🔴 Invesco PHLX Semiconductor ETF is trading 1.83% down today on renewed semiconductor and AI weakness

Invesco PHLX Semiconductor ETF is trading at $97.80 (-1.83%) as broad technology selling followed a sharp late-day Nasdaq reversal and a sector-wide risk-off tone.

• Semiconductor shares remain pressured by higher-for-longer rate fears and renewed weakness in AI-linked names.
• The move aligns with the broader market slide, with the Nasdaq Composite down 1.69% in after-hours trading.
• Late-session weakness across the tech sector, rather than a single confirmed holding event, appears to be the primary driver behind the downward momentum.