Analysis: Tech stock volatility intensifies, semiconductor and software ETFs record a historic number of sharp fluctuations this year

Odaily, March 7 - The Kobeissi Letter posted on X platform, stating that the tech sector is currently experiencing volatility rarely seen in recent years. The Semiconductor ETF (SMH) and Software ETF (IGV) have already recorded 34 trading days this year with a single-day change of 4% or more, a 278% increase compared to the previous full-year record of 9 in 2024, and exceeding the total number of such days over the past seven full years combined. Of these, SMH has seen three single-day declines exceeding 4% in July alone; the 3x Bull Semiconductor ETF (SOXL) has had 18 trading days with a single-day change of 10% or more since June.