SOXX is trading at $529.96, up +2.83%, after NVIDIA exceeded analyst expectations with $96.2 billion in fiscal Q2 revenue and $2.22 adjusted EPS.

  • NVIDIA’s outlook indicated strong AI-driven sales growth, and its shares rose sharply after hours.
  • Semiconductor and AI-related stocks moved higher, while Nasdaq futures gained 0.84%.
  • The move is sector-specific but supported by broader technology risk appetite.