🔴 Semiconductor ETF (SOXX) is trading 3.08% down in after-hours trading on Intel’s below-expectations forecast

SOXX is trading at $498.01 (-3.08%) in after-hours trading after Intel forecast fourth-quarter revenue and earnings below expectations, citing continued PC-market softness.

• Intel is a major SOXX holding, making its post-close guidance the clearest immediate catalyst for semiconductors.
• The selloff adds to pressure from Marvell’s reported Lumentum acquisition talks and investor worries about AI infrastructure spending; a weaker broader tech market also weighed.