Global X Semiconductor ETF is trading approximately 3.4% down at A$41.19, pressured by a sharp global semiconductor selloff and renewed concerns regarding higher-for-longer U.S. interest rates.
- The decline follows a steep plunge in major Asian chipmakers such as Samsung Electronics and SK Hynix after weak U.S. chip-sector guidance.
- Investors are broadly de-risking from growth-oriented, rate-sensitive semiconductor names amid heightened geopolitical tensions.