SOXS is trading at $45.83, down -6.27%, as NVIDIA’s earnings beat and bullish AI outlook lift semiconductor stocks.

  • NVIDIA reported $96.2 billion revenue and $2.22 adjusted EPS, exceeding expectations.
  • Strong AI-demand outlook lifted NVIDIA more than 6% premarket and boosted semiconductor sentiment.
  • The broader Nasdaq Composite is also 0.70% up, reinforcing pressure on this inverse semiconductor ETF.