🔴 Semiconductor ETF (SMH.L) is trading 3.76% down on October 15, 2026, as CPI revives higher-for-longer fears

SMH.L is trading at $101.92 (-3.76%) as hotter-than-expected September CPI revived concerns about higher-for-longer rates and increased borrowing-cost pressure on growth stocks.

• The selloff spread across semiconductors: Nvidia fell more than 3% on October 14, while Asian chipmakers slumped amid AI investment and valuation worries.
• Futures remained weak. TSMC’s earnings and guidance are a key upcoming sector catalyst, not a confirmed cause of this move.