Movement Alert｜iShares PHLX Semiconductor ETF Falls 5.04% in Regular Trading, Hedge Funds Net Sell for Fourth Straight Week as Burry Shorts Entire AI Chain

On July 13, iShares PHLX Semiconductor ETF declined 5.04% in regular trading, trading at $551.45/share, with turnover of $2.449 billion.

On the news front, Goldman Sachs' latest fund flow tracking report shows that U.S. hedge funds have net sold semiconductor and hardware technology stocks for a fourth consecutive week, with profit-taking sentiment in the AI sector running high. Renowned short seller Michael Burry has aggressively shorted the entire AI supply chain, covering memory chips, semiconductor equipment, and AI GPUs, as the market views semiconductor capacity expansion as a cyclical peak signal.

Institutional capital is accelerating its rotation from high-beta AI chip winners toward defensive and pro-cyclical sectors after locking in first-half outperformance. The Philadelphia Semiconductor Index has declined across multiple consecutive sessions, with names such as Intel, AMD, and Micron Technology under sustained pressure. Short-term pullback pressure in the semiconductor sector continues to be released.

The fund generally invests at least 80% of its assets in the component securities of its underlying index and in investments with substantially identical economic characteristics, and may invest up to 20% in futures, options, swap contracts, cash and cash equivalents. The fund is non-diversified.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)