🔴 GraniteShares 2x Long DELL Daily ETF is trading 9.1% down today as AI and semiconductor sentiment sours after Broadcom

GraniteShares 2x Long DELL Daily ETF is trading 9.1% down today as investors pull back from AI and high-beta tech after Broadcom’s weak revenue print and guidance sparked a broader semiconductor and Nasdaq selloff.

• The fund delivers 2x leveraged exposure to Dell, a high-profile AI hardware beneficiary, causing today's tech rotation and sentiment reset to be amplified in its price action.
• The sharp decline follows an extreme multi-month run-up in AI-related stocks, leading to a broader correction across the technology sector.