On August 18, VanEck Semiconductor ETF declined 3.19% in regular trading, trading at 576.55 USD/share, with turnover of $586 million.

On the news front, AI infrastructure-related chip stocks fell collectively, dragging down the broader semiconductor sector. Among key constituents, Western Digital and Marvell Technology each dropped more than 4%, while Intel, Micron Technology, and Super Micro Computer declined in tandem. Reports emerged that NVIDIA significantly reduced its financial guarantee for OpenAI data centers from $250 billion to below $120 billion, sparking market concerns over the AI capital expenditure outlook.

The Philadelphia Semiconductor Index had previously rallied strongly with consecutive gains exceeding 2%, and the current pullback appears closely tied to short-term profit-taking amid wavering AI capex expectations. As an ETF tracking the MVIS US Listed Semiconductor Index, SMH was visibly pressured by weakness in its core constituent stocks.

The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes common stocks and depositary receipts of U.S. exchange-listed companies in the semiconductor industry.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)