🔴 Semiconductor ETF (SEMI.AX) is trading 4.1% down on August 20, 2026 amid elevated long-term Treasury yields

SEMI.AX is trading at A$35.29, down 4.10%, as the global semiconductor sector absorbed heavy selling from the previous U.S. session.

• The PHLX Semiconductor Index fell about 5%, with Micron, Intel, AMD, NVIDIA, and Broadcom among the major decliners.
• The U.S. 30-year yield reached approximately 5.33%; stretched AI-chip valuations and renewed Middle East tensions lifted oil and inflation concerns, making high-growth technology earnings less attractive.