The SOXX semiconductor ETF experienced a 15% correction, reflecting a market reset after rapid AI-driven gains. Investors are reassessing risks, favoring quality AI ecosystem leaders like Microsoft, Nvidia, and Meta, which benefit from strong demand and integration despite short-term volatility. In contrast, highly leveraged or cyclical companies such as CoreWeave and Micron face significant risks due to concerns over earnings stability and balance sheet strength. Upcoming Q3 earnings and capital expenditure guidance from major players like Microsoft and Nvidia will be key indicators for the sector's near-term outlook.
The SOXX semiconductor ETF trades at USD 495.31, down 3.79% as of Oct 17, 2026 02:41 WIB, showing continued pressure after the reported 15% correction. Microsoft shares are also lower, at USD 525.94 with a 2.50% drop, while Nvidia holds at USD 214.50, down 1.26%, reflecting cautious investor sentiment on Pluang. These figures highlight ongoing market reassessment of AI sector risks amid upcoming earnings reports.
