SOXX is trading 1.8% up today as semiconductor and information technology shares rebound from last week's AI-driven selloff.
- Improved geopolitical sentiment and a lack of new negative macroeconomic data are helping lift sector valuations.
- Investors are refocusing on long-term AI growth potential despite recent risk warnings from the Bank for International Settlements (BIS).
- The recovery is being supported by broader gains across major U.S. indices.