SOXQ is trading at $95.38 (+1.71%), supported by strong global demand for AI technology lifting semiconductor shares across Asia.
- U.S. equity futures are higher, with Nasdaq futures up 0.88%, supporting technology stocks.
- Optimism around “very successful” U.S.-China talks is improving risk appetite ahead of the Trump-Xi summit.
- Recent strength in NVIDIA, TSMC, and semiconductor-equipment stocks is reinforcing the sector rally, while falling oil prices ease inflation concerns and support growth-oriented equities.