🔴 Semiconductor ETF (SOXS) is trading 7.6% down in pre-market as chip shares rebound

SOXS is trading at $45.66, down 7.64%, as its inverse semiconductor exposure fell while chip shares rebounded in overnight trading. - Intel and AMD each rose about 2.6%, while Micron and SanDisk also advanced. - U.S. equity futures rose after last week’s chip rout, supporting the pre-market move; AI-infrastructure financing worries and semiconductor volatility remain. - No major U.S. economic indicators are scheduled for October 19, 2026.