Leverage Shares 2X Long ARM Daily ETF is trading 4.3% down today as investors continue to de-risk high-beta AI and semiconductor names following a sharp intraday tech reversal on June 9.
- Fresh inflation data and concerns over sustained higher interest rates are weighing heavily on growth and chip stocks globally.
- Renewed geopolitical tensions are further pressuring the sector, amplifying the downside for leveraged ARM exposure and extending the fund's multi-day drawdown.
- The sell-off reflects a broader market rotation out of high-momentum AI plays amid increasing macro uncertainty.