SEMI.AX is trading at A$39.16 (-3.05%) as higher Treasury yields and surging oil weigh on semiconductor stocks and revive inflation concerns.

  • On October 8, semiconductor shares sold off broadly, with the Philadelphia Semiconductor Index falling more than 3%.
  • Escalating Middle East tensions lifted Brent above $105 and kept the 10-year Treasury yield near 5.35%, reinforcing risk aversion and pressuring growth stocks.
  • Major SEMI holdings NVIDIA, Micron and AMD were among chip names under pressure.