SOXQ is trading at $95.13 (-2.76%) amid profit-taking and weaker overnight risk sentiment after a powerful semiconductor-led rally on September 21.
- Nasdaq futures are nearly flat to slightly lower; broader U.S. index futures are softer, with no new U.S. macro release driving the move.
- Alibaba’s new Zhenwu V900 accelerator and larger-model plans remain supportive, while Qualcomm’s strong September 21 after-hours gain reinforces sector momentum.
- Those positives have not offset the short-term pullback in technology shares.