Semiconductor shorts pile on as winning trade reverses

CNBC Top News ·

Semiconductor shorts pile on as winning trade reverses

Traders work at the New York Stock Exchange on June 9, 2026. NYSE That escalated quickly. Investors' favorite trade is suddenly the one they can't stop betting against, even as it keeps going lower. …

Traders work at the New York Stock Exchange on June 9, 2026. NYSE That escalated quickly. Investors' favorite trade is suddenly the one they can't stop betting against, even as it keeps going lower. Chip stocks in the VanEck Semiconductor ETF (SMH) are down on Tuesday. The ETF is now off more than 10% from the record high reached last week, and options traders are betting it will get worse. …

Original source: CNBC Top News

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Nasdaq · VanEck Semiconductor · New York Stock Exchange