Current SOXL forecast underscores momentum from broader tech market resilience. Sector trend strength index for semiconductors remains robust at 87, indicating favorable conditions for leveraged ETF gains. Also Read: Taiwan Semi Set to Build $11B Chip Plant in Germany, Aiming for 2027 Production Start Alibaba ( BABA ) stock dropped 5% before the bell on Thursday after missing quarterly revenue estimates as it adjusts strategies amid economic and trade challenges. Analysts project SOXL could gain 8–12% over next month if the semiconductor sector reports stronger-than-expected Q2 margins. Key catalysts include Taiwan Semi’s capacity expansion and stronger GPU sales.