Semiconductor ETF posts longest losing streak in over two decades amid chip selloff

What happened: iShares Semiconductor ETF ($SOXX) closed more than 4% lower on Friday, its ninth straight decline and longest losing streak since May 2006, amid a broader chip stock selloff. Key numbers: $SOXX fell nearly 12% this week, its biggest weekly drop since April 2025. All but two of its 34 constituents ended negative. Why it matters: The selloff began on worries over the pace of AI buildout and credit concerns affecting $CRWV, then deepened after the latest CPI report showed hotter-than-expected U.S. inflation, fueling fears of more restrictive Fed policy. Market: -2.1% today ($395.44), +45.3% YTD, 1.3x vol — as of 23:45 UTC

iShares Semiconductor ETF ($SOXX) closed more than 4% lower on Friday, its ninth straight decline and longest losing streak since May 2006, amid a broader chip stock selloff.

The selloff began on worries over the pace of AI buildout and credit concerns affecting $CRWV, then deepened after the latest CPI report showed hotter-than-expected U.S. inflation, fueling fears of more restrictive Fed policy. Market: -2.1% today ($395.44), +45.3% YTD, 1.3x vol — as of 23:45 UTC