SOXS.MI is trading 9% down at $0.49 today. This movement is attributed to strong performance in several key semiconductor stocks, which likely drove the underlying semiconductor index higher. - Micron surged 15.7% after beating earnings estimates and providing a strong outlook, lifting other chipmakers like Sandisk (+22%), Applied Materials (+13.4%), and Western Digital (+4.9%). - The price action for SOXS.MI, a 3x bear leveraged ETF, follows a volatile week for semiconductor-related products, reflecting significant swings in the industry.