SOXS is trading at $34.09, up 5.15%, as continued AI-related chip demand supports broader semiconductor trading.
- Semiconductor shares were stronger on September 23, with the Philadelphia Semiconductor Index up 2.06%, creating volatility in leveraged inverse exposure.
- Micron gained 5.00%.
- Treasury yields near 4.96%, pending PMI data and Federal Reserve remarks are adding rate-sensitive volatility.