VGT is trading at $120.42, down 1.98%, as hotter-than-forecast September inflation revived rate fears and weighed on growth stocks. - September CPI rose 3.7% year over year, above the 3.6% forecast. - A global selloff in AI and semiconductor shares added pressure as investors questioned AI investment returns and the impact of higher borrowing costs. - Asian chipmakers including Samsung and SK Hynix fell sharply, extending technology-sector weakness into October 15.