SEMI is trading 2.69% lower at $38.67, pressured by hotter-than-expected inflation and higher-yield concerns. - September CPI rose 3.7% year over year, above the 3.6% forecast; core CPI also exceeded expectations, weighing on technology shares. - Reporting described an ongoing chip selloff amid concerns about elevated rates, stretched valuations and intensifying competition. Available reporting points to macro and sector-wide headwinds, not a specific SEMI company catalyst.