Semiconductor stocks have had a rough week.
Four days later, a war of words between the Trump administration and China that could lead to a trade war has sent the ETF down another 0.7%.
The U.S. produced 47% of the global semiconductor in 2016, according to the International Trade Organization. China mainly imports its semiconductors from the U.S., using 58.5% of the global semiconductors produced in 2016, according to PricewaterhouseCoopers.
China imports 80% of the semiconductors in use in the country and the U.S. is the world's biggest semiconductor exporter, so a trade war between the two countries could be hell for semiconductor firms.
Micron Technology (MU) - down 0.44%.
Broadcom Ltd. (AVGO) - down 1.26%.
Lam Research Corp. (LRCX) - down 0.62%.
Applied Materials Inc. (AMAT) - down 2.17%.
Qorvo Inc. (QRVO) - down 0.73%.
Cypress Semiconductor Corp. (CY) - down 1.08%.
Skyworks Solutions Inc. (SWKS) - down 1.4%.
ON Semiconductor Corp. (ON) - down 2.25%.
Taiwan Semiconductor Co. (TSM) - down 1.2%.
Qualcomm Inc. (QCOM) - down 1.1%.