🔴 Trading--Inverse Equity ETF (SOXS) is trading 10.3% down as semiconductor and AI-chip shares recover

SOXS is trading at $45.28, down -10.30%, as semiconductor and AI-chip shares recover broadly, reducing demand for the inverse semiconductor ETF.

• Nasdaq futures were higher; Intel, AMD, and Marvell Technology advanced amid renewed AI-infrastructure buying.
• The broader rebound followed the Federal Reserve’s September 16 25-basis-point rate hike, removing immediate policy uncertainty and supporting risk appetite.
• Lower oil prices and stronger major-index trading also weighed on SOXS.