🔴 Semiconductor ETF (SEMI.AX) is trading 3.4% down today amid broad semiconductor selloff

SEMI.AX is trading at A$35.55, down -3.40%, as semiconductor and AI shares sold off broadly on August 18.

• Semiconductor and AI shares declined broadly, with NVIDIA, Micron, Broadcom, and other chipmakers pressured by elevated valuations.
• Rising long-term U.S. Treasury yields, including the 30-year yield near 5.33%, pressured rate-sensitive growth stocks.
• Oil above $90 and renewed U.S.-Iran tensions worsened risk sentiment.