🔴 Semiconductor ETF (SMH3.L) is trading 3.17% down on October 15, 2026, amid rate-hike concerns

SMH3.L is trading at $14.26, down 3.17%, as hot September CPI revived rate-hike concerns and pressured growth stocks.

• September CPI was 3.7%, above forecasts, while investors weighed higher borrowing costs, AI investment risks and Chinese competition as a global semiconductor selloff deepened.
• Nvidia fell more than 3% on October 14; Korean chipmakers faced sharp losses. These broad macro and sector headwinds offer the clearest explanation for SMH3.L’s decline; no fund-specific trading-volume data was available.