SOXX is trading at $143.05, up 4.78%, as investors buy beaten-down semiconductor stocks after last week’s sharp sell-off.
- Last week’s sell-off was tied to concerns about AI regulation and data-center restrictions.
- Gains in Asian chipmakers TSMC, Samsung and SK Hynix lifted sentiment; Goldman Sachs argued Korean chip valuations had become deeply discounted.
- The recovery is uneven: Nvidia is under pressure from a board investigation, while several rival chipmakers advanced.