CHIP.SW is trading at $123.72, down 3.85%, as a global bond selloff and elevated oil prices raise inflation and interest-rate concerns.

  • Middle East supply fears and weaker U.S. equity futures point to broader technology-sector weakness, not an isolated ETF issue.
  • The decline follows heavy semiconductor selling in the prior session, when the sector reportedly lost approximately $1.3 trillion in market value, suggesting continued de-risking across AI and chip exposures.
  • Micron Technology was reported sharply higher premarket on September 14, limiting confidence that all major holdings are moving lower together.