SOXX is trading 1.66% up at $570.87 on September 29, 2026, with no clear, specific catalyst identified for its intraday gain.
- Monday’s broad semiconductor selloff followed renewed concerns about AI demand after OpenAI paused training of its latest models, contributing to weakness across chip stocks.
- Investors are also watching Micron’s upcoming results for signals on AI-chip demand, while higher oil prices and Treasury yields remain broader market headwinds.