The iShares Semiconductor ETF (SOXX) closed Thursday at $519.41, a loss of 4.49% on the session as selling pressure weighed on the semiconductor-focused fund.
The single-day drop added to a difficult stretch for the ETF, which has now fallen 10.88% over the past seven days. The week-long slide reflects broad weakness in the chip sector, which has faced sustained downward momentum.
Despite the recent turbulence, SOXX's 30-day performance remains positive, with the fund up 4.53% over that longer window. That figure suggests the current pullback follows a period of meaningful gains in the prior weeks.
SOXX tracks a basket of U.S.-listed semiconductor companies and serves as a widely watched barometer for the chip industry. Market capitalization data for the fund was not available as of Thursday's close.
