🔴 Semiconductor ETF (INTC.TO) is trading 3% down amid scrutiny of AI infrastructure returns

INTC.TO is trading at CA$55.00, down 4.60%, as semiconductor shares face pressure over returns on massive AI infrastructure spending.

• The latest supplied close is for October 14; no October 15 INTC.TO price is provided.
• Hotter-than-expected U.S. inflation has raised concerns about higher rates and borrowing costs. The global technology selloff continued into October 15, with chipmakers among the hardest hit.