SOXS is trading at $38.55, down -5.22%, as semiconductor shares extend their September 18 rebound.

  • SMH is up 2.21%, while Broadcom and AMD gain 2.97% and 2.70%, respectively.
  • Broader risk appetite is improving as oil prices decline and U.S.-China talks ahead of the Trump-Xi summit support technology and growth stocks.
  • Those gains directly pressure this inverse semiconductor ETF.