SOXL is trading at $125.95 (+8.02%) before the August 27, 2026 open, following NVIDIA’s fiscal Q2 beat and stronger-than-expected $108 billion current-quarter revenue guidance.
- NVIDIA reported $96.2 billion in revenue, with data-center revenue up 117%, reinforcing bullish AI and semiconductor-sector sentiment.
- Nasdaq futures are up 0.84%, providing additional support across information technology; the move is primarily sector-driven, with NVIDIA’s dominant semiconductor influence amplifying broader technology optimism.
- Jackson Hole and inflation risks remain secondary considerations.