XSD is trading 1.4% down today, extending pressure from a sharp semiconductor and broader tech selloff as investors question the durability and profitability of the AI boom.
- Sentiment toward high-valuation chip names remains fragile despite modest gains in major indices this morning.
- The information technology sector continues to underperform as the market awaits key Micron earnings.
- Today's move follows a significant rout on June 23, highlighting ongoing valuation concerns across the semiconductor space.