🔴 Semiconductor ETF (SOXX) is trading 3.63% down today as failed U.S.–Iran diplomacy pushed oil above $90

SOXX is trading at $538.85 (-3.63%) as broad risk aversion follows failed U.S.–Iran diplomacy, pushing oil above $90 and long-term Treasury yields to multi-year highs, pressuring growth and technology valuations.

• Semiconductor shares had recently rallied on durable AI infrastructure demand, Anthropic’s strong growth, and memory-chip optimism.
• Investors appear to be taking profits as the broader market weakens.
• Earlier relative strength in Micron, SanDisk, and Applied Materials is cushioning sentiment but has not prevented today’s reversal.