XSD is trading at $471.57, down 2.26%, as hotter-than-expected September inflation revived expectations of further Fed rate hikes, pressuring rate-sensitive technology shares.

  • Chip stocks also face pressure as investors question debt and valuations tied to AI infrastructure spending.
  • Semiconductor selloffs spread across global markets despite strong ASML and TSMC results; ASML’s capacity warning points to supply constraints, not a clear near-term demand breakthrough.
  • Broader markets are mixed, with the Nasdaq weaker than the Dow and S&P 500.