🔴 Semiconductor ETF (SMH.MI) is trading 5.1% down as hot U.S. CPI revived rate concerns

SMH.MI is trading at €90.36, down 5.10%, as hot U.S. inflation revived rate fears.

• September U.S. CPI rose 3.7% year over year, above the 3.6% forecast, lifting Treasury yields.
• Rate concerns weighed on technology and semiconductor valuations on October 14; the selloff spread across Asia on October 15, with South Korea’s KOSPI plunging 8% and major semiconductor shares under pressure.
• TSMC earnings and outlook are a key focus; reports cite inflation and rate anxiety as the main drag.