🔴 Semiconductor Bear ETF (SOXS) is trading 5.6% down in pre-market as semiconductor shares rebound

SOXS is trading at $50.63 (-5.61%) in pre-market as semiconductor strength pressures the inverse ETF. - The Philadelphia Semiconductor Index rose nearly 3% on November 3. - AMD climbed more than 7% in pre-market after beating earnings expectations and issuing a strong sales outlook, adding support to chip shares. - Election-related concerns about AI regulation and data-center spending are a countervailing risk, but the reported pre-market move aligns with the semiconductor rebound.