iShares MSCI Global Semiconductors UCITS ETF USD Acc is trading 1.1% down today as the AI chip complex faces pressure following Broadcom’s earnings reaction and cautious AI revenue posture.
- Profit-taking is hitting large semiconductor names after Broadcom’s results triggered a sharp decline in its shares and broader AI hardware peers.
- The downside is amplified by a wider Nasdaq pullback and a market rotation into value and industrial stocks, weighing on the global semiconductor indices tracked by the ETF.