Direxion Daily Semiconductor Bull 3X Shares is trading higher at $245.34 (+8.5%) as investors buy the dip in growth and AI chip names ahead of the June 17 FOMC decision.
- The move follows a sharp -16.99% decline on June 16, 2026, with traders now positioning for Fed guidance on future interest rates and AI-driven technology spending.
- Market sentiment is bolstered by firmer Nasdaq futures and renewed demand for semiconductor leaders following a multi-day sector pullback.