SOXL is trading at $92.81, with a -12.25% change, as semiconductor shares sold off after Lam Research’s outlook disappointed investors.
- Supply constraints limited Lam Research’s near-term outlook, and its shares fell sharply.
- Doubts about AI spending after Tesla and Meta results added pressure to chip stocks; Nasdaq futures fell, while rising oil amid Middle East tensions worsened risk sentiment.
- The move is live intraday; no volume figure was provided.