🟢 Semiconductor ETF (SOXS) is trading 7.69% up in pre-market as Alphabet's miss fuels AI spending concerns

SOXS is trading at $42.84 (+7.69%) as technology and chip-related stocks weaken amid renewed AI-spending concerns after Alphabet's disappointing revenue. - Alphabet fell roughly 10%, renewing concerns about AI spending and weighing on technology sentiment. - Nasdaq 100 futures slid 1.3%; market context also shows Nasdaq futures down 1.28%. - Samsung shares fell more than 5% despite record profits as investors awaited Amazon and Intel earnings; SOXS's pre-market rise aligns with broader technology and chip weakness.