SOXL is trading 14.8% up today as information technology and AI-linked chip stocks extend the strong rally that began on August 03, 2026.
- Improved macro sentiment following U.S.–Japan currency intervention and easing Middle East tensions are fueling a broad risk-on move.
- Lower oil prices and robust manufacturing data are further supporting growth and semiconductor names.
- The surge in SOXL aligns with gains in the Nasdaq and other sector peers.