Analysis: Tech Stock Volatility Intensifies, Record Number of Major Swings for Semiconductor and Software ETFs This Year

Odaily reported that The Kobeissi Letter posted on X, stating that the technology sector has recently been experiencing rare and dramatic volatility in recent years. The semiconductor ETF SMH and the software ETF IGV have each had 34 trading days this year with single-day price movements of 4% or more, which is 278% higher than the previous full-year 2024 record of 9 times, and it also surpasses the cumulative total for the past seven complete years. Among them, SMH has seen three single-day drops of over 4% in July; the 3x leveraged semiconductor ETF SOXL has recorded 18 trading days with price movements of 10% or more since June.