Leverage Shares 3x Long Semiconductors ETP Securities is trading 7.0% down today as the semiconductor trade loses momentum following a period of significant AI-driven gains.
- Technology shares lagged on June 16 as investors rotated capital into industrials and financials, while Nvidia's recent rally cooled.
- The sector is currently digesting its recent run-up as market participants await the June 17 FOMC decision and upcoming retail sales data.