🟢 SOXL is trading 12.1% up today as Micron’s results bolster AI-memory optimism

SOXL is trading at $166.84, up 12.12% on October 2, with semiconductor-sector momentum following Micron’s record results and upbeat outlook reinforcing optimism about AI-memory demand.

• Reuters reported Micron’s results lifted Asian technology shares and U.S. Nasdaq futures; the Nasdaq was up 1.41% and the S&P 500 0.72%.
• The weak September jobs report may have eased rate-hike concerns, but it is not established as the direct cause. SOXL’s leverage can amplify sector moves.