SOXL is trading at $76.01, down 27.50%, as Intel’s weak fourth-quarter outlook, PC-market softness, and manufacturing hurdles triggered a broad semiconductor selloff.

  • Market remains open at 3:54 p.m. EST; Reuters reported the broader chip index down 7% around midday.
  • Amazon’s heavy AI spending and cash outflow intensified concerns about infrastructure costs and returns, weighing on technology shares more broadly. SOXL’s leveraged exposure magnifies sector moves.