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Ishares Phlx Semiconductor ETF

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FORECASTSSEP 16, 2026
Nasdaq 100 Drops as AI Slowdown Talk Hits Nvidia and Semiconductor Stocks
Nasdaq futures came under heavy premarket pressure as concerns over the pace of artificial intelligence development weighed on Nvidia, memory stocks, chip equipment makers and hyperscalers. Crude oil above $100 added a separate layer of inflation and rate concern ahead of the Fed meeting, but the selling pressure remained centered on the AI trade.