SOXL is trading at $121.00, up +5.05% as semiconductor stocks extend their rebound.

  • Chip shares strengthened as oil cooled, Treasury yields eased, and risk appetite improved; a chip gauge rose about 3%.
  • Nvidia CEO Jensen Huang’s expectation of doubling chip sales next year reinforced artificial-intelligence demand optimism.
  • The move appears sector-driven rather than company-specific.