SOXQ is trading at $85.72, up 1.53%, as chip stocks posted selective early gains after Thursday’s sharp semiconductor selloff.

  • Investors remain concerned that Meta’s higher AI spending and Tesla’s reduced capital-spending forecast could weaken returns across the technology sector.
  • Brent crude above $114 amid Middle East tensions adds inflation and risk-sentiment pressure, while broader indexes are mixed.
  • The rebound follows SOXQ’s 6.74% decline on October 22; current volume data was not provided.