Direxion Daily Semiconductor Bull 3X Shares is trading 8.3% up today as semiconductor and broader information technology names rebound from a nearly 17% drop in the prior session.
- Sentiment is supported by significant AI infrastructure developments, including Nvidia’s $25 billion bond-funded expansion and TSMC’s accelerated advanced packaging roadmap.
- The recovery in high-beta chip plays comes as investors look ahead to the FOMC outcome and digest recent AI-related headlines.