SOXL is trading at $84.59, with a -17.36% move in pre-market on October 30, 2026, amid renewed doubts about returns on heavy AI infrastructure spending.
- Intel plunged 23% after hours on a weak outlook, while Amazon fell 7.3%, adding pressure to chip and technology shares.
- Asian semiconductor shares also sold off, reinforcing sector-wide weakness. Available evidence points to a semiconductor and technology risk-off move, not a SOXL-specific announcement.