SOXX rose 12.6% last month as semiconductor stocks gained. Yet major firms have slid quickly since then.
Intel, AMD, and Samsung fluctuated widely after Samsung’s weak earnings sparked broader sell-offs. Applied Materials fell 10% on Tuesday while AMD lost 8%.
SOXX is now weighed against wider tech ETFs such as IYW. Investors argue whether a dedicated chip fund or a broad tech basket offers steadier returns.