CHIP.SW is trading at $121.90, down 4.11%, after September U.S. CPI rose to 3.7% year over year, above the 3.6% forecast, reviving concern about higher rates and borrowing costs.
- Technology and AI-related stocks sold off in the October 14 session; the Philadelphia Semiconductor Index fell 4.3%, extending its losing streak to six sessions.
- Selling spread across Asian chip stocks on October 15 amid rate and AI-funding concerns, adding pressure to semiconductor-sector sentiment.