SOXX is trading 5.5% down at $503.15 as semiconductor stocks face a broader global selloff and investors question the pace of AI infrastructure spending.
- The decline extends a six-session slide.
- Slowing revenue growth at Anthropic and OpenAI adds to concerns about future AI demand.
- Hotter-than-expected U.S. inflation has raised fears of higher borrowing costs and further rate hikes, potentially making AI investment more expensive. Pressure is broad across technology and chip stocks; no SOXX-specific catalyst was found.