Direxion Daily Semiconductor Bull 3X Shares is trading 6.2% up today as semiconductor and broader information technology names extend gains following last week’s Intel–Apple chip deal and strong AI-related enthusiasm.
- The move appears to be primarily driven by positioning and momentum within the semiconductor complex, as no major economic data is scheduled for release on June 22, 2026.
- The ETF’s performance is amplified by its 3x leverage on the ICE Semiconductor Index, resulting in sharp upward movement during periods of sector-wide strength.