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 Huangβs expectation of doubling chip sales next year reinforced artificial-intelligence demand optimism.
- The move appears sector-driven rather than company-specific.