SOXQ is trading 3.5% down today as semiconductor and tech shares extend a multi-day pullback driven by AI valuation concerns and tighter export-control compliance.
- Global chipmakers fell sharply overnight, pressuring concentrated ETFs as risk-off sentiment intensifies across the sector.
- Investors are weighing massive capital expenditure plans against current valuations, leading to a broader retreat in information technology shares and U.S. tech futures.