🔴 SOXS (SOXS) is trading 5.27% down on September 18, 2026 as semiconductor stocks rally

SOXS is trading at $42.62, down 5.27%, as semiconductor and AI-chip stocks rebound broadly.

• Intel gained 7.67%, AMD 6.36%, Micron 5.5%, and Nvidia 2.54%, pressuring the inverse ETF.
• Lower Treasury yields, easing oil prices, and renewed confidence in AI demand strengthened risk appetite after the Federal Reserve’s September 16 rate hike.
• The move is sector-driven rather than company-specific; the Philadelphia semiconductor index rose for a fourth consecutive day as investors looked past recent AI-spending concerns.