What is the potential market impact of today’s Philadelphia Semiconductor Index rebalancing?

Among them, MU, MRVL, LRCX, AMAT will all experience varying degrees of selling pressure.
And $SOXX has a large amount of leveraged products.
Like $SOXL $SOXS
SOX rebalancing → Some semiconductor stocks experience passive buying and selling → These stocks and the underlying ICE Semiconductor Index of SOXL are highly correlated → Semiconductor sector prices fluctuate → SOXL is amplified threefold.
Assuming SOXL’s size is approximately $25-30 billion, and aiming for a 3x exposure, the nominal exposure behind it could be around $75-90 billion. Yahoo / Robinhood and other platforms show SOXL’s size is roughly $25-30 billion.
So the maximum risk for SOXL:
Rebalancing day, MU / MRVL / AMD / NVDA / AVGO and other overlapping stocks experience late-day anomalies;
If the semiconductor index declines in the same direction, SOXL will be passively amplified;
If the day already has high volatility, SOXL’s rebalancing could make late-day moves even more extreme.
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(Rebalancing may be concentrated on June 18 and June 22.)