🔴 Chips / semis ETF (INTC.TO) is trading 5.42% down as chip and AI-linked shares sold off

INTC.TO is trading at CA$49.36, down 5.42%, as chip and AI-linked shares sold off.

• No distinct Intel-specific announcement was identified as the immediate driver; Intel was among stocks weighing on semiconductor shares.
• Reports put the semiconductor ETF down roughly 4%, although the provided sector snapshot shows SOXX up 2.55%, conflicting with reports of weakness.
• Weak U.S. futures and renewed Middle East tensions added to risk aversion.