SOXQ is trading at $93.20, up +1.97% after NVIDIA beat second-quarter expectations.

  • NVIDIA reported $96.22 billion in revenue and $2.22 adjusted EPS, while forecasting $108 billion for the third quarter.
  • Results reinforced AI spending momentum and lifted semiconductor and information-technology sentiment after the August 26 close.
  • Marvell’s $12.2 billion Google custom-chip agreement, announced earlier, supported AI infrastructure; the S&P 500 rose 0.54% and NASDAQ Composite 0.49%.