🔴 GCT Semiconductor is trading 5.7% down as hotter-than-expected U.S. inflation lifts rate expectations

GCT Semiconductor is trading 5.7% down at $1.67 on October 15, 2026, amid a broad semiconductor selloff.

• No fresh company-specific explanation surfaced.
• Hotter-than-expected U.S. inflation raised rate expectations; AI investment concerns and Chinese chip competition weighed on chip stocks. Reuters reported the semiconductor gauge extended its losing streak.
• Supplied context shows semiconductor stocks down 2.51%, while GCT Semiconductor fell 6.84% in the October 14 session, pointing to sector pressure rather than a confirmed company-specific catalyst.