SOXX is trading at $537.50, up +1.53% in pre-market as strong Korean semiconductor exports surged 155.4% year over year.
- SOXX is rebounding after the 2.55% decline on August 10, while rising DRAM prices reinforce expectations for robust chip earnings.
- AI infrastructure demand remains a secondary tailwind: Microsoft is reportedly discussing substantial TSMC capacity for its Maia 300 chip, and Amazon is developing dedicated power for AI data centers.
- Broader Nasdaq futures are higher, supporting risk appetite.