SMH3.L is trading 14.3% down today as a broad global semiconductor selloff continues from Asia into U.S. markets.
- Investors are reassessing the durability of AI infrastructure returns and chip demand amid shifting market sentiment.
- Geopolitical tensions and fears of higher interest rates are adding significant pressure to high-beta technology sectors.
- The 3x leverage of the ETP is amplifying losses as the rout impacts major semiconductor holdings globally.