SOXL is trading at $117.04, down 10.26%, amid a broad semiconductor selloff.
- Investors are reassessing AI valuations, infrastructure spending and the threat of Chinese chip competition.
- South Koreaβs KOSPI fell more than 7%, while Samsung and SK Hynix also dropped sharply.
- Available reporting points to sector-wide pressure, not a new SOXL-specific announcement; major U.S. indexes were nearly flat.