🔴 Semiconductor Bear ETF (SOXS) is trading 19.55% down as semiconductor shares rebound

SOXS is trading at $65.38, down 19.55%, as semiconductor shares rebound after Thursday’s sharp selloff.

• Nasdaq futures climbed. NVIDIA rose 3.6% premarket, while AMD, Intel, Broadcom and Micron gained 5%–8.3%, pressuring the inverse ETF.
• Thursday’s tech rout reflected investor concerns that Democratic control of Congress could bring tougher AI regulation. The reported Friday recovery appears to be a bounce after those losses, rather than evidence that those concerns have disappeared.