SOXX is trading 1.61% down at $501.92 now as concerns that higher borrowing costs could curb AI-infrastructure spending weigh on chip stocks.
- The ETF’s eight-session losing streak reflects broader semiconductor-sector weakness, not a clear SOXX-specific catalyst.
- Today’s decline is also occurring alongside a broad market and technology selloff; sector news cites escalating China-related export restrictions.
- No company-specific event was identified.