🔴 Tech ETF (SOXQ) is trading 2.3% down today as global bond yields pressure AI valuations

SOXQ is trading 2.3% down today as bond yields pressure AI and semiconductor valuations.

• Japan’s 10-year yield reached 3%, intensifying a global bond selloff and financing-cost concerns.
• Nasdaq futures fell about 1.2% as chipmakers and software shares weakened; higher oil prices and renewed Middle East tensions added to risk aversion.
• The move is market- and sector-driven, not SOXQ-specific; NVIDIA’s recent strong results partially offset rate sensitivity, which remains dominant. Traders await September 1, 2026 JOLTS and manufacturing data.