🔴 Global X Semiconductor ETF is trading 5.1% down today on global chip selloff and rate concerns

Global X Semiconductor ETF is trading at approximately $39.50, down 5.1% from its previous close, amid a broad global semiconductor selloff and persistent interest rate fears.

• The decline follows a sharp slump in Asian chipmakers triggered by weak sector guidance, which has dragged down semiconductor indices and ETFs worldwide.
• Growth and AI-related names are facing additional pressure from "higher-for-longer" U.S. interest-rate expectations and rising geopolitical tensions.