SOXS is trading 5.79% down in pre-market as semiconductor stocks rebound, creating a direct headwind for this leveraged inverse ETF.

  • Nasdaq futures are up 0.37%, while NVIDIA, Micron, and Intel show pre-market strength, reinforcing the sector-wide move.
  • Investors are positioning ahead of the August 12, 2026 U.S. CPI report, with expectations for modest inflation and slightly easier Treasury yields supporting growth-oriented technology shares.