These AXT ETFs Turned a 30% Stock Rally Into Nearly 50% Returns

Shares of semiconductor and chip companies are trading lower as rising inflation concerns and elevated energy prices fuel expectations for further Fed rate hikes. Elevated borrowing costs could pressure semiconductor manufacturing and AI infrastructure investments while straining customer budgets. The Philadelphia Semiconductor Index (SOX) has declined for seven consecutive trading sessions, matching its longest losing streak since the 2008 financial crisis.

Shares of semiconductor and chip companies are trading lower as rising inflation concerns and elevated energy prices fuel expectations for further Fed rate hikes. Rising borrowing costs could pressure fab and AI infrastructure while straining customers budgets. Semiconductor stocks also faced pressure after South Korea’s Kospi index fell more than 7% overnight.

Rocket Lab, Taiwan Semiconductor And Other Big Stocks Moving Lower In Thursday’s Pre-Market Session

Rocket Lab shares fell 9.5% after Neutron’s first launch was delayed to 2027 due to manufacturing defects; other stocks also declined premarket.A

Why Ericsson Shares Are Trading Higher By Around 11%; Here Are 20 Stocks Moving Premarket

Ericsson shares surged 10.9% premarket after beating Q3 earnings and sales estimates; other small-cap stocks saw sharp gains and losses.