SOXL ETF (SOXL) is trading 5.3% up today as the semiconductor-heavy information technology sector continues an AI-driven rally fueled by demand for AI accelerators.

  • Overnight sentiment remains risk-on, with index futures modestly higher and demand for data-center chips propelling leading semiconductor names.
  • The ETF, which delivers 3x daily exposure to the NYSE Semiconductor Index, is seeing extended gains following the tech-led surge in the prior session.
  • Market sensitivity remains high as the sector continues to benefit from the ongoing momentum in artificial intelligence infrastructure.