🟢 Tech ETF (SOXQ) is trading 1.6% up today as AI infrastructure interest returns

SOXQ is trading up 1.6% today as investors return to the AI infrastructure trade.

• NVIDIA’s planned financing platforms could support more than $500 billion of AI infrastructure, while Amazon has a dedicated 7.65GW power project for an off-grid AI data center.
• Nasdaq futures rose 0.34%, though gains are tempered by rising oil prices, Treasury yields, and caution ahead of the August 12 CPI report.
• The move appears sector-driven, with semiconductor and AI infrastructure enthusiasm outweighing pressure from the U.S.-Iran standoff and renewed inflation concerns.