🟢 SOXS.MX ETF (SOXS.MX) is trading 11.75% up on broad semiconductor selloff

SOXS.MX is trading at MXN 890.00, up +11.75%, as a broad semiconductor selloff weighs on chip stocks.

• The Philadelphia Semiconductor Index is down 4%, while NVIDIA, Micron, AMD, and Intel are declining.
• Disappointment with Samsung’s shareholder-return plan, elevated Treasury yields, profit-taking, and caution ahead of Nvidia’s August 26 earnings are pressuring the sector.
• Reports that Nvidia AI-server prices may rise more than 15% are adding uncertainty.