🔴 SOXL is trading 4.6% down today as semiconductor rally gains fade

SOXL is trading 4.6% down at $140.56, retreating from September 22’s sharp semiconductor-led advance.

• The ETF is giving back part of its outsized gains after AI-driven strength in Micron, AMD, and Intel; it is down -4.58%.
• Higher oil, Treasury yields, and a weaker Nasdaq are weighing on risk appetite, while chip optimism remains elevated.