SOXL is trading 10.2% higher as the semiconductor-heavy information technology sector extends its AI-driven surge, fueled by robust demand for data-center and AI accelerator chips.
- Positive sentiment toward semiconductor infrastructure and easing yields are supporting a broader risk-on move across the tech complex.
- Leveraged exposure is amplifying the sector's upside as U.S. index futures trend higher amid geopolitical optimism and a continuation of the May 26 tech-led rally.