SOXS is trading 14.4% up today as semiconductor and AI-related stocks extend a sharp selloff following TSMC’s massive capex expansion plans.
- Investors are questioning stretched AI chip valuations and the long-term profitability of heavy infrastructure spending, pressuring major semiconductor names.
- As a 3x leveraged inverse ETF, SOXS is seeing outsized gains as the broader chip sector faces significant valuation headwinds.
- The selloff reflects growing market skepticism regarding the immediate return on investment for massive AI-related capital expenditures.