🔴 SOXX is trading 2.39% down today on Samsung results and China's DeepSeek AI chip ambitions

SOXX is trading 2.39% down in pre-market following an overnight chip rout tied to Samsung results and China’s DeepSeek AI chip ambitions.

• The decline follows a steep multi-day slide and a broader investor rotation out of high-valuation AI chip names.
• Market sentiment is further weighed down by renewed Fed rate-hike concerns and a general decline in broader futures.