SOXL is trading at $48.75 (+19.46%) as semiconductor shares recover from Thursday’s sharp selloff. - AMD, Intel, Broadcom, and Micron rose in premarket trading, lifting the sector; reports link the rebound to dip-buying after heavy losses. - The prior rout followed concerns that Democratic control of Congress could bring stricter AI and data-center rules, weighing on chip and AI-related stocks. The reversal does not show those concerns have disappeared.