SEMI.AS is trading at $19.37, down 4.20%, as rising Treasury yields and crude prices pressure long-duration technology valuations.
- Middle East supply concerns are worsening inflation and interest-rate fears.
- In a comparable bond-driven premarket selloff, Micron, Sandisk, and Intel each fell more than 5%.
- The decline follows Friday’s technology-sector volatility and appears broader than an isolated ETF or company-specific event; despite Micron rising early, semiconductor stocks remain vulnerable to rate-sensitive positioning and renewed AI-sector profit taking.