SOXQ is trading at $82.12 with a -1.59% change as Democratic control of Congress raised concerns about tighter AI and data-center oversight, weighing on technology sentiment and semiconductor-related investment.
- Nasdaq futures fell sharply overnight before recovering, reflecting continued uncertainty around regulation and technology spending.
- AMD’s better-than-expected results and upbeat guidance supported chip stocks but did not outweigh broader policy concerns behind SOXQ’s reported decline.