XOVR is trading at $21.50, down 1.67%, after hotter-than-expected September CPI—3.7% year over year and 0.6% month over month—pushed yields higher and weighed on growth stocks.

  • Chip shares faced added pressure as reported memory-technology progress by Chinese firm CXMT fueled competition concerns, alongside scrutiny of AI spending.
  • Broader market weakness added to pressure, consistent with XOVR’s sizable technology exposure.