On September 14, VanEck Semiconductor ETF fell 3.08% in pre-market trading, trading at 548.0 USD/share, with turnover of 4.0646 million USD.

Multiple headwinds converged to drag the semiconductor sector lower. Geopolitically, Houthi forces attacked a critical Saudi Arabian oil pipeline while Iran intercepted vessels in the Persian Gulf, pushing WTI crude futures above $103 per barrel and triggering a sharp drop in market risk appetite. Simultaneously, the CME FedWatch tool showed the probability of a Fed rate hike at this week's meeting climbing to approximately 86.5%, with U.S. Treasury yields rising sharply and pressuring high-valuation technology sectors. Adding to the bearish sentiment, Anthropic publicly called for slowing the pace of advanced AI model development, dampening outlook across the AI computing supply chain. Japanese and Korean AI chip stocks tumbled in early trading, creating further contagion. Hong Kong-listed semiconductor names also weakened, with SMIC falling nearly 2% and Hua Hong Semiconductor declining over 2%.

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.)