🔴 SOXS.MX is trading 13.8% down today as semiconductor sector rallies on strong earnings and AI optimism

SOXS.MX is trading 13.8% down today as the semiconductor sector surges following strong earnings and renewed AI optimism.

• The underlying semiconductor sector (SOXX) is up nearly 5%, lifted by positive results and guidance from key chipmakers.
• Broader risk-on sentiment in the technology sector is mechanically driving leveraged inverse products like SOXS.MX lower.
• As a 3x inverse ETF, the fund experiences amplified losses when its benchmark index performs well.