SOXS.MX is trading at MXN 747.00, up +10.09%, as reports of Chinese memory-chip maker CXMT’s progress raised competition concerns for established semiconductor manufacturers.

  • Caution about AI spending and infrastructure funding, including remarks from Broadcom’s CEO, added pressure to chip stocks.
  • Weakness was pronounced in South Korea: the KOSPI fell, while Samsung and SK Hynix shares dropped sharply.