🟢 Semiconductor ETF (SOXX) is trading 1.62% up today as chip and memory stocks recover

SOXX is trading at $483.39, up +1.62%, as investors return to chip and memory stocks after Thursday’s sharp selloff.

• Chip shares were mixed early; SK Hynix, SanDisk, and Micron showed signs of recovery after the prior session’s losses.
• Uncertainty about AI-spending returns persists after Meta’s higher capital-spending outlook and Lam Research’s cautious forecast weighed on the sector. Higher oil and geopolitical risks remain headwinds, suggesting a relief bounce rather than a resolution.