🔴 SOXX is trading 1.51% down today as Nvidia export restrictions weigh on AI-chip sentiment

SOXX is trading at $559.37 (-1.51%) as Nvidia’s tighter Asia customer restrictions, tied to U.S. export rules, weigh on the semiconductor group and hit AI-chip sentiment.

• Traders are engaging in profit-taking following a strong July 14 rebound while reassessing policy risks and near-term upside.
• The semiconductor sector is lagging behind the broader market, which remains higher, indicating sector-specific pressure rather than a market-wide selloff.