The semiconductor sector is facing a downturn, with the Semiconductor ETF (SMH) declining 4% over the past month and down 2.05% in recent trading. Individual semiconductor stocks such as Nvidia (NVDA) and AMD have also seen significant drops, with Nvidia down 3% and AMD struggling near a major support level, breaking the $135 level. In contrast, the software sector, represented by the Software ETF (IGV), has gained 15% in the same period, indicating a potential shift in investor focus from semiconductors to software. Key semiconductor stocks like TSM, AVGO, NVDA, AMD, and QCOM are under pressure, while software companies such as PLTR, ORCL, SNOW, ADBE, and MDB are gaining traction.