SOXQ is trading 1.58% higher on September 22, 2026, as AI semiconductor momentum extends the September 21 rally.
- AMD’s first $1 trillion market capitalization and stronger AI-infrastructure spending expectations are supporting technology ETFs; the Philadelphia Semiconductor Index recently rose 4.29%.
- Softer Treasury yields, declining oil prices, and optimism around upcoming U.S.-China discussions are improving risk appetite for growth stocks.
- The Nasdaq is modestly higher, with no major U.S. economic release scheduled, leaving sector leadership as the primary explanation.