🟢 Semiconductor ETF (SOXX) is trading 2.18% up in pre-market on October 23, 2026, as futures recover

SOXX is trading $486.07 (+2.18%) in pre-market after falling 6.79% on October 22.

• The broader sector backdrop remains weak: Lam Research’s supply-chain constraints and cautious outlook, alongside renewed worries about AI spending, weighed on chip shares; the Philadelphia Semiconductor Index fell 6.7% overnight.
• Some Asian chip shares and Nasdaq 100 futures recovered from earlier losses, consistent with a tentative rebound, not a clear reversal of sector pressure.