SOXL is trading at $122.66, up +5.14%, after NVIDIA’s fiscal Q2 earnings beat estimates.
- NVIDIA reported fiscal Q2 revenue of $96.2 billion and adjusted EPS of $2.22, beating estimates.
- NVIDIA guided current-quarter sales to $108 billion, above the $104.2 billion consensus, strengthening AI-chip demand expectations.
- The semiconductor-led rally is lifting SOXL into August 27, while investors monitor PCE inflation data and Jackson Hole risks.