SOXL is trading 6.37% up at $101.87 on October 16 as semiconductor shares rebound after the AI-related selloff. - Asian semiconductor shares rose Friday as investors bought after the selloff; prior pressure reflected hotter U.S. inflation and concerns about rates and AI financing. - No clear SOXL-specific catalyst was identified. Its leveraged exposure magnifies semiconductor moves; a Bloomberg-reported account said it attracted about $3.8 billion in inflows during the selloff, not as the cause of today’s gain.