GraniteShares 2x Long MU Daily ETF is trading at $744.69 (+8.0%) as Micron-linked sentiment drives a move higher amid a broader rebound in U.S. technology and semiconductor stocks.
- The rally follows a recovery in chip names, specifically Micron, as the sector bounces back from recent volatility.
- Broader risk appetite is improving as Asian markets stabilize and Nasdaq futures point higher, supporting the information technology sleeve of the fund.