SOXX is trading 2% up today following a strong earnings report and guidance upgrade from key chip-equipment maker ASML.
- ASML raised its 2026 revenue outlook, citing surging AI-related chip demand and improved margins, reinforcing confidence in a multi-year semiconductor upcycle.
- The bullish outlook from the industry bellwether is lifting chip stocks broadly, with global names rebounding alongside positive U.S. index futures.
- ASML's commentary on AI capacity buildout is seen as a major catalyst for the broader semiconductor sector's pre-market rally.