🔴 Semiconductor ETF (SOXS) is trading 6.21% down as chip-sector gains pressure inverse ETF

SOXS is trading at $39.86, down 6.21%, as chip-sector strength weighs on the inverse semiconductor ETF.

• SK Hynix’s record results and shareholder-return announcement helped lift chip-sector sentiment, extending an AI-linked rally.
• The Philadelphia Semiconductor Index rose for a third consecutive session; gains in chip stocks weigh on SOXS.
• The Fed held rates at 3.75%–4.00%, as widely expected; this was a broader backdrop, not the clearest sector-specific catalyst. The market remains open.