🟢 Semiconductor ETF (SOXL) is trading 4.77% up in pre-market on renewed AI optimism

SOXL is trading 4.77% up in pre-market, benefiting from renewed AI and semiconductor optimism.

• Nvidia’s approximately $12.9 billion Hugging Face acquisition is reinforcing confidence in the broader AI infrastructure ecosystem.
• The move is occurring despite mixed U.S. futures, suggesting sector-specific strength rather than a broad risk-on session.
• Asian semiconductor markets rallied strongly, while the light U.S. economic calendar leaves investors focused on Fed commentary and interest-rate expectations.