🔴 SMHX is trading 1.62% down today as inflation and rate concerns pressure chip shares

SMHX is trading at $55.16, down 1.62%, as semiconductor shares face sector-wide pressure amid hotter-than-expected inflation, higher-rate concerns and renewed caution around debt-funded AI infrastructure investment.

• SMHX is a fabless-semiconductor ETF; the Nasdaq is also down 0.57%, reinforcing the weak technology backdrop.
• ASML’s strong sales and AI-demand warning are not evidence of a direct SMHX-specific cause.