🟢 Tech ETF (SOXQ) is trading 3.35% up today as chip sentiment improves on tightening HBM supply

SOXQ is trading 3.35% higher as semiconductor stocks rally and reports of tightening HBM supply support chip sentiment.

• The Nasdaq is up 1.28%; Nvidia, Arm, Marvell, and Intel were among notable gainers.
• Continued AI infrastructure demand is supporting the sector.
• After the September 16 Federal Reserve rate hike initially pressured markets, reduced policy uncertainty, falling crude oil prices, and stronger risk appetite are helping growth stocks recover on September 17.