🔴 SNXX is trading 3.9% down today on a broad semiconductor selloff and TSMC capex concerns

SNXX is trading at $13.85 (-3.89%) as a broad selloff in semiconductor and AI stocks pressures chip-related leveraged funds.

• Tech de-risking and concerns over TSMC capex are weighing on the sector alongside a weaker Nasdaq tone.
• Rising geopolitical risks and higher oil prices are further contributing to a general risk-off sentiment in the market.