XSD is trading at $499.84, down 1.95%, as semiconductor stocks face competition concerns after China’s CXMT reported progress on a denser memory-chip design.

  • September CPI rose 3.7% year over year, above the 3.6% expected, adding inflation and rate uncertainty for technology shares.
  • ASML’s stronger profit and demand outlook offered a counterpoint but did not erase pressure across chipmakers.