🔴 SOXL.MI is trading 31.8% down today as AI chip oversupply concerns trigger 4x leveraged selloff

SOXL.MI is trading 31.8% down now at $29.98 following a sharp reversal in leveraged semiconductor exposure tied to broader sector volatility.

• The move follows recent pullbacks in the NYSE Semiconductor Index driven by AI chip oversupply concerns and profit-taking across major semiconductor names.
• Losses are significantly magnified by the instrument's 4x leverage structure, which amplifies the impact of the underlying index selloff.