FTXL is trading at $227.50, down 1.60%, as September CPI rose 3.7% year over year, above forecasts, lifting Treasury yields and pressuring rate-sensitive technology shares.

  • Chip stocks also faced pressure from concerns that CXMT’s memory advances could intensify competition and weigh on pricing.
  • Reuters reported the tech sector fell 2.6% on October 14 amid inflation and AI-infrastructure spending concerns.
  • TSMC earnings are scheduled before the October 15 open, adding a near-term semiconductor-sector catalyst.