By Austin Smith
Publication Date: 2026-06-08 13:23:00
Quick Read
XSD plunged 11% in its worst session in years as its equal-weight design spread losses evenly across all 40 semiconductor holdings.
Broadcom’s Q3 AI guidance of $16B missed the $17B whisper number, while Marvell, which is XSD’s top holding, tumbled 17% on the day.
Micron’s June 24 earnings will determine whether Friday was a positioning shake or the first signal that AI compute orders are topping out.
It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started. See for yourself (Sponsor)
A $10,000 position in the SPDR S&P Semiconductor ETF (NYSEARCA:XSD) at the close on Thursday was worth roughly $8,873 by Friday’s close, and the people who got there did not own a single share of the stock that supposedly caused it. XSD fell 11.27% on June 5, 2026, dropping from $644.32 to $571.68, its worst single session in years, and the prevailing story (Broadcom guidance…
