XSD is trading 1.8% down today following a sharp multi-day selloff in semiconductor and information technology names driven by concerns over AI infrastructure spending, margin compression, and intensifying Chinese competition in chipmaking tools.
- Investors are rotating out of high-growth AI-related semiconductors toward value and industrial stocks ahead of key Federal Reserve commentary and big-tech earnings reports.
- The downside in equal-weight chip ETFs like XSD is being amplified by a broader market shift, even as major indices remained modestly higher during the July 28, 2026, session.