🟢 Semiconductor ETF (SOXS.MX) is trading 7.1% up as chip-sector weakness persists

SOXS.MX is trading at MXN 860.00, up 7.13%, as weakness in semiconductor shares supports gains in the inverse ETF.

• The Philadelphia Semiconductor Index fell 0.88% on October 16, extending its losing streak.
• Investors remain concerned about hotter inflation, higher borrowing costs and debt-financed AI infrastructure spending; CoreWeave’s debt worries added pressure.
• Supplied price context shows strong recent swings.