SOXL is trading at $87.34, up 4.52%, as semiconductor shares rebound after last week’s sharp selloff, with buying returning to AI- and memory-linked chips.
- The previous downturn reflected concerns about AI spending and chip-industry outlooks.
- Oil prices retreated from recent highs, while U.S. equity futures edged higher ahead of major technology earnings. Semiconductor performance remained mixed across regions, suggesting a partial recovery rather than an unambiguous sector-wide catalyst.