🟢 Semiconductor Bear ETF (SOXS.MX) is trading 4.63% up today as AI spending concerns hit chip stocks

SOXS.MX is trading at MXN 804.01 (+4.63%) amid overnight concern about the sustainability and high cost of aggressive AI infrastructure spending.

• AMD fell more than 7%, while Western Digital, SanDisk, and Qualcomm also declined.
• Asian chip stocks extended pressure on August 6: SK Hynix fell 9.71% and Samsung Electronics fell 6.13%, supporting gains in the inverse ETF.
• SOXS.MX targets approximately -300% daily exposure to the NYSE Semiconductor Index, magnifying sector declines.