SEMI is trading 1.7% down at $35.87 as the intraday semiconductor rebound fades during after-hours trading following a period of sector stabilization.
- The ETF had surged during the regular session as chip stocks bounced back from a significant global semiconductor selloff.
- After-hours pricing reflects profit-taking and a modest cooling of the intraday strength, even as broader market indices remain firm.
- The current move suggests a pause in the recovery as investors weigh the sustainability of the recent sector bounce.