🟢 SOXS is trading 15.5% up today as semiconductor stocks extend a sharp selloff

SOXS is trading 15.5% up today as semiconductor stocks extend their recent pullback, driving significant gains for the triple inverse ETF.

• Broader tech and AI-related hardware shares are under pressure amid concerns over rising memory costs and stretched valuations, amplifying downside momentum in the chip sector.
• The fund delivers triple inverse exposure to a major U.S. semiconductor index, resulting in outsized moves during periods of industry-wide weakness.