Add as a preferred source on GoogleSOXX Extends Its Decline to Eight Sessions Amid AI Financing Concerns
The iShares Semiconductor ETF ended Oct. 15 at $514.71 as investors weighed borrowing costs that could slow AI infrastructure spending.
SOXX has fallen for eight consecutive sessions, its longest stretch since September 2015. The iShares Semiconductor ETF closed Thursday, Oct. 15, at $514.71.
Pressure on chip stocks comes as investors weigh whether higher borrowing costs may slow investment in AI infrastructure. The debate also includes the capital needed to build that infrastructure, uncertainty about future AI demand and rising debt burdens at neocloud providers.
The SOXX decline follows a separate six-session decline in the VanEck Semiconductor ETF (SMH).
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.