SOXX is trading 1.86% up at $574.50, primarily supported by semiconductor-sector strength after Micron’s better-than-expected results and upbeat forecast reinforced confidence in AI-memory demand.
- Reports said chipmakers helped support technology shares; no clear SOXX-specific announcement explained the move.
- Rising Treasury yields and broader market uncertainty remain headwinds, making the advance appear sector-driven rather than a broad-market rally.