🔴 Semiconductor Bear 3X ETF (SOXS) is trading 7.87% down as Micron results boost chip stocks

SOXS is trading at $29.26 (-7.87%) as Micron’s strong results and upbeat AI-demand outlook lifted semiconductor sentiment.

• Semiconductor strength pressured the ETF, which seeks inverse exposure to the sector.
• The Philadelphia Semiconductor Index gained 1.6% Thursday.
• Broad U.S. indices were also higher, while the weak jobs report and easing yields were mixed macro signals.