SOXL is trading at $125.16, up 6.72% at 9:36 AM EST on September 8, 2026, driven by renewed enthusiasm for semiconductor and AI-infrastructure demand, supported by NVIDIA’s approximately $12.9 billion acquisition of Hugging Face.
- The rally is occurring despite modest weakness in major U.S. indexes, indicating semiconductor-sector strength rather than a broad-market advance.
- Strong Asian technology performance and continued AI optimism are amplifying demand for leveraged semiconductor exposure.