🔴 iShares Semiconductor ETF is trading 1.5% down today as inflation data jitters and geopolitical tensions trigger profit-taking

iShares Semiconductor ETF is trading 1.5% down today as investors de-risk from high-beta semiconductor and AI names ahead of key U.S. inflation data.

• Rising geopolitical tensions involving Iran and higher oil prices are reinforcing a risk-off tone, weighing on growth-sensitive chip stocks.
• The ETF is tracking broader weakness in the Nasdaq and technology sector as traders lock in profits following an extended AI-driven rally.