SOXQ is trading 1.8% up today as the semiconductor sector stabilizes following a sharp multi-day selloff tied to doubts about AI-infrastructure spending and heavy capital expenditures at major chipmakers.
- US equity futures are broadly higher, signaling a recovery in tech-related indices after the AI momentum reversal and geopolitical-driven risk-off moves seen in mid-July.
- The information technology sector appears to be finding a floor, supporting a modest bounce in semiconductor-focused ETFs after recent volatility.