SOXX and SMH ETFs crashed amid AI bubble jitters: will they rebound?

Core Viewpoint - The iShares Semiconductor ETF (SOXX) and the VanEck Semiconductor ETF (SMH) experienced a significant decline, losing over $500 billion in value due to disappointing earnings from major companies in the semiconductor sector [1] Group 1: ETF Performance - The iShares Semiconductor ETF (SOXX) and the VanEck Semiconductor ETF (SMH) faced a harsh reversal this week [1] - Major companies within these ETFs contributed to the overall loss of over $500 billion in market value [1] Group 2: Earnings Impact - Key earnings reports from top semiconductor companies were pivotal in triggering the decline [1] - The negative earnings results led to a substantial decrease in investor confidence in the semiconductor sector [1]