SOXL.MI is trading approximately 8% up at $58.06 following a strong rebound in semiconductor-related leveraged products. - The move marks a sharp snapback for semiconductor ETFs after experiencing extreme volatility on June 23. - The rebound is notably fueled by Micron Technology's strong earnings report, which reignited the AI memory trade and lifted the broader semiconductor group. - Micron beat estimates, guided above expectations, and disclosed significant customer agreements for memory chips, easing fears about slowing AI infrastructure spending.