SOXS.MX is trading at MXN 708.00, up 3.78%, as weakness in semiconductor and AI-infrastructure shares boosts its inverse exposure.
- Applied Materials fell more than 5% despite strong guidance as investors questioned elevated AI expectations.
- Weaker retail sales and consumer sentiment increased broader growth concerns.
- SOXS targets approximately three-times the inverse daily performance of a semiconductor index, magnifying sector weakness.