SOXQ is trading at $102.50 (+1.52%) as Micron’s record revenue and upbeat outlook reinforce optimism about AI-related memory demand.
- Micron’s record fiscal Q4 revenue was $54.23 billion, and its Q1 revenue outlook is $60 billion to $63 billion.
- Firmer Nasdaq and broader U.S. index futures add support as investors await September payrolls.
- High yields and rate uncertainty remain potential headwinds.