On August 24, VanEck Semiconductor ETF fell 3.09% in regular trading, trading at $542.7/share, with turnover of $666 million.

The decline was triggered by a sharp rise in long-dated US Treasury yields, with the 30-year yield touching 5.337% — the highest since 2007 — and the 10-year yield climbing to 4.75%. The surge in long-end rates directly compressed valuations across the high-multiple semiconductor sector. Simultaneously, Samsung Electronics' shareholder return plan of 90-110 trillion won fell well below market expectations of 200 trillion won, with no stock buyback details announced. Samsung plunged 8.7% in Korea, dragging global chip sentiment. Additionally, investors reduced risk exposure ahead of NVIDIA's earnings release on August 26, intensifying selling pressure across the semiconductor complex.

The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes common stocks and depositary receipts of U.S. exchange-listed companies in the semiconductor industry. The fund is non-diversified.

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