SOXS is trading at $49.03, up 5.15% in pre-market as semiconductor shares face pressure amid renewed doubts about AI infrastructure financing and profitability. - Asian chip stocks weakened; South Korea’s KOSPI fell 2.5%, while SK Hynix lost 3.5%. - The pullback followed Monday’s semiconductor rebound; Nasdaq futures were slightly lower, suggesting a chip-sector reversal rather than a broad market selloff. - The evidence is mixed and does not establish one definitive catalyst.