SOXQ is trading at $88.49 (+5.41%) as semiconductor shares rebound from a sharp tech selloff, with investors rotating back into chipmakers as panic selling cools.
- The move is being driven by broader information-technology strength and optimism that concerns regarding AI-related spending were overdone relative to long-term demand.
- The ETF is recovering from recent pressure tied to a global semiconductor slump and geopolitical risks that had previously weighed on major chip names and memory suppliers.