🟢 SOXX is trading 3.54% up today on easing AI-spending fears and a broad chip-sector rebound

SOXX is trading at $522.99 (+3.54%) as investors rotate back into semiconductors following a relief in AI-spending concerns.

• The rally is being reinforced by a broad tech rebound, with Microsoft’s strong results helping restore confidence in AI infrastructure demand.
• The sector is benefiting from an overnight risk-on tone, with Nasdaq futures trading higher and chip leaders showing broad pre-market strength.