🟢 SOXL ETF (SOXL) is trading 4.6% up in pre-market ahead of NVIDIA’s August 26 earnings

SOXL is trading at $116.28, up 4.6% in pre-market, with the rebound appearing driven mainly by dip-buying and positioning ahead of NVIDIA’s August 26 earnings.

• Semiconductor stocks and NVIDIA extended significant declines after the August 24 selloff amid AI-valuation concerns.
• Nasdaq-100 futures were up 0.4%, while broader index futures were modestly positive, suggesting easing technology-sector pressure and supporting risk appetite.