Why The iShares Semiconductor ETF (SOXX) Plunged 21% in July
The semiconductor sector plunged amid short-selling, forced selling, and the introduction of a new highly capable Chinese model.
Overview
Shares of the iShares Semiconductor ETF (NASDAQ: SOXX) plunged 21.2% in July, according to data from S&P Global Market Intelligence.
The semiconductor sector exchange-traded fund holds most of the major chip stocks that benefit from the artificial intelligence build-out. Amid the agentic AI boom in the first half of 2026, the sector ETF rallied an astounding 112.8%.
Details
Therefore, it's perhaps no surprise that the index experienced a pullback in July, despite the extremely strong results disclosed by top semiconductor companies throughout the month.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.