SOXL stock price climbed past $40.50, tracking Intel and Micron gains. Analysts suggest that sustained AI hardware demand could drive leveraged semiconductor ETFs toward fresh quarterly highs. A Bloomberg analysis of certain leveraged tech exchange-traded funds (ETFs) showed that money poured into them as tech stocks wobbled last month. Those bets have proved painful amid a selloff following last Friday’s weaker-than-expected jobs report , which fueled fears of a coming recession . When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss. SOXL stock price eased 1.2% to $39.45 following a strong start to the week. Analysts warn of short-term choppiness but maintain long-term sector bullish outlook.
