🔴 Tech ETF (SOXQ) is trading 2% down today after Broadcom's weaker margin guidance

SOXQ is trading at $87.45 (-2.03%) as Broadcom’s weaker margin guidance weighs on semiconductor sentiment.

• Despite S&P 500, Nasdaq Composite, and Dow gains, sector-specific semiconductor pressure—not a broad selloff—is driving the decline.
• Broadcom beat earnings expectations, but shares fell more than 6% after hours on weaker margin guidance and elevated AI-chip growth expectations, weighing on sentiment ahead of its earnings outlook.
• Middle East tensions, oil near $95, and high Treasury yields pressure technology valuations.