The iShares Semiconductor ETF (SOXX) has fallen for nine straight sessions, its longest losing streak since May 2006, amid CoreWeave credit concerns, a record weekly drop in the KOSPI, steep optical-name declines, and a Bank of America comparison to the Cisco dot-com era.
The nine-session slide signals a sharp deterioration in sentiment toward AI-linked semiconductor names, with credit worries around CoreWeave and a dot-com-era comparison pointing to growing valuation concerns. The KOSPI's record weekly drop shows the stress is spreading beyond US chip names into chip-heavy global indices.