🔴 Vanguard Information Technology Index Fund ETF Shares is trading 2.7% down today on a semiconductor-led selloff and AI valuation concerns

Vanguard Information Technology Index Fund ETF Shares is trading 2.7% down today as investors rotate out of high-valuation technology stocks following Broadcom’s disappointing post-earnings reaction.

• A broad semiconductor selloff and weak Nasdaq futures are putting significant pressure on the information technology sector.
• Ongoing concerns regarding stretched AI valuations are dragging the fund lower, with the ETF tracking the move almost one-for-one alongside a modestly weaker overall market.