WGMI is trading 5.81% lower as semiconductor weakness weighs on its information-technology-heavy portfolio. - Investors are concerned CXMT’s memory advances could intensify competition; uncertainty over returns from heavy AI infrastructure spending is also weighing on chip stocks. - September CPI came in hotter than expected at 3.7% year over year, and Treasury yields rose after the release, pressuring technology shares. - The broader market is mixed, making sector-specific chip weakness the more direct driver.