🟢 SOXS ETF (SOXS) is trading 6.59% up today as semiconductor shares weaken after technology-led selloff

SOXS is trading at $48.01, up 6.59%, as semiconductor shares continue weakening after the August 18, 2026 technology-led selloff.

• Rising Treasury yields, valuation concerns, and losses in major chip names such as Nvidia, Micron, and Marvell are supporting the inverse semiconductor ETF.
• Investors are positioning ahead of the 14:00 ET Federal Reserve minutes.
• Middle East tensions and elevated oil prices are reinforcing risk aversion.