SOXL is trading 17.7% down at $101.93 amid a broader semiconductor and AI-stock selloff. - Reuters reports hotter-than-expected U.S. CPI revived rate concerns, while investors reassessed crowded AI trades and financing costs. - Semiconductor weakness continued across Asian markets. - SOXL’s three-times-leveraged exposure magnifies moves in its semiconductor index; no separate company-specific catalyst was identified.