🔴 Tech ETF (LYTE) is trading 9.27% down as Intel’s weak forecast intensifies semiconductor selloff

LYTE is trading at $17.39, down 9.27%, as investors question whether massive AI investments will deliver sufficient returns.

• Alphabet’s steep decline after its results and Amazon’s spending outlook added to those concerns.
• The semiconductor selloff intensified after Intel’s weak fourth-quarter forecast and warning about PC-market weakness. SOXX fell 10.40% during the regular session, consistent with a broad industry-driven move rather than a LYTE-specific catalyst.