Direxion Daily Semiconductor Bull 3X Shares is trading 13.8% up today as semiconductor stocks rebound from a tech-led selloff and broader risk appetite improves.
- High-beta chip names are rallying as the market stabilizes following the Oracle-driven AI capex scare and inflation-related rate anxiety.
- The fund's 3x leverage is magnifying the sector's recovery, turning a broader market rebound into a double-digit gain.