🔴 SOXS.MX ETF (SOXS.MX) is trading 10% down as semiconductor stocks rally on renewed AI optimism

SOXS.MX is trading at MXN 790.00, down 10.00%, as semiconductor stocks rally on renewed AI optimism.

• SOXX gained 2.78% during the regular session amid Intel’s reported exploratory manufacturing discussions with SK Hynix and strength across AI-chip and optical-communications shares.
• Broader risk appetite improved after the Federal Reserve’s September 16 rate hike reduced immediate uncertainty and Treasury yields eased.
• The move is primarily sector-driven and amplified by the inverse ETF structure; the semiconductor index rose 3.01% on September 17.