SOXQ is trading at $103.48, up 2.49%, as Micron’s record fiscal Q4 revenue and Q1 forecast reinforced optimism about AI-related memory demand across semiconductors.

  • Micron reported record fiscal Q4 revenue of $54.23 billion and forecast Q1 revenue of $61.5 billion ± $1.5 billion.
  • The Nasdaq is up 1.26%. A weak jobs report and easing rate-hike expectations may support growth shares, though the semiconductor catalyst appears more direct.