SMH rout: DeepSeek AI shakes chip ETF to worst loss in 5 years - how holdings fared

(2min)
Flag of USA and China on a processor, CPU or GPU microchip on a motherboard. US companies have become the latest collateral damage in US - China tech war. US limits, restricts AI chips sales to China.

William_Potter

The VanEck Semiconductor ETF (NASDAQ:SMH) finished Monday with its steepest decline in nearly five years, as Chinese startup DeepSeek ignited AI competition worries and a selloff in chip stocks and the tech sector overall.

The largest semiconductor ETF by AUM (

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