🟢 SOXL is trading 11.7% up today as chip and AI stocks snap back from recent selloff

SOXL is trading 11.7% up today as high-beta semiconductor and AI-related names rebound following a sharp sector-wide selloff on July 13.

• Broader U.S. indices opened higher, signaling a selective return to risk assets among market participants.
• The leveraged ETF is seeing a significant recovery as investors re-enter the chip sector despite ongoing geopolitical tensions in the Middle East.
• The move represents a sharp technical snapback after the previous session's steep decline in tech-focused equities.