SOXQ is trading at $96.76 (+2.07%) as semiconductor stocks rebound after the August 5 AI-chip profit-taking and technology selloff.

  • Investors are positioning ahead of the July payrolls report at 8:30 a.m. ET, with consensus near 80,000 jobs and unemployment at 4.2%; Nasdaq futures gain 0.32%.
  • Weak SanDisk guidance and elevated Treasury yields continue pressuring high-valuation technology shares.