SOXQ is trading at $92.88, up +1.54%, as August CPI aligned with expectations, easing immediate inflation concerns and supporting technology shares.

  • The S&P 500, Nasdaq Composite, and futures moved higher, signaling broad risk-on buying rather than an isolated semiconductor rally.
  • NVIDIA faces a DOJ probe into its Groq licensing deal, a sector-specific headwind, but was modestly higher pre-market.
  • The move primarily reflects broad market relief after inflation data; elevated yields and oil prices remain risks.