Direxion Daily Semiconductor Bull 3X Shares is trading 5.9% up today as U.S. tech and chip stocks extend a rebound fueled by renewed optimism for AI demand.

  • Nasdaq futures and tech-heavy indices are pushing higher after sharp losses in the previous week, with semiconductors leading the recovery.
  • Market sentiment is supported by easing Middle East tensions and resilient risk appetite, even as investors weigh a hawkish Fed rate outlook.
  • Traders are closely monitoring upcoming U.S. trade data for further direction on growth-oriented sectors.