SOXX is trading 3.4% lower today as semiconductor stocks retreat following a strong year-to-date AI-driven rally and rising geopolitical tensions.
- Selling pressure is being led by a pronounced sector pullback tied to broad profit-taking in AI chip names and SK Hynix’s post-U.S.-listing slump.
- Heightened geopolitical tensions in the Middle East have triggered a risk-off sentiment, weighing heavily on high-growth technology shares.