🟢 SOXS.MX is trading 11.5% up today as AI capex concerns weigh on semiconductor stocks

SOXS.MX is trading 11.5% up today as semiconductor stocks face a sharp selloff driven by sector-specific headwinds.

• The industry is under pressure from renewed concerns regarding the sustainability of heavy AI-related capital expenditure and stretched valuations.
• As an inverse 3x leveraged ETF, SOXS.MX is capturing significant upside from broad weakness in semiconductor names despite strength in the wider U.S. market.
• The fund's performance reflects a move opposite to the semiconductor index, which is currently experiencing a deep correction.