🟢 Semiconductor ETF (SOXL) is trading 15.27% up in pre-market as chip stocks rebound after Thursday selloff

SOXL is trading at $47.11, up 15.27%, as chip shares rebound after Thursday’s selloff.

• AMD, Intel, Broadcom and Micron rose 5%–8.3% in pre-market trading as chip stocks and Nasdaq futures rebounded.
• Thursday’s steep losses followed concerns that Democratic control of Congress could bring tighter AI rules and slow data-center construction, weakening expected chip demand.
• October payrolls and consumer sentiment are due later; sector stabilization is the clearest pre-market driver.