$Direxion Daily Semiconductors

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zingzy
06-12 07:27

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ When Oracle’s earnings confirmed a massive increase in AI and chip CAPEX, even at the cost of diluting shareholders just to stay competitive in the CAPEX race, that FOMO desperation validated the strength of the semiconductor sector. When Meta’s stock crashed after earnings due to its announcement of another huge AI CAPEX increase, the semiconductor sector ETF SOXL shot to the moon, gaining 40% in two days. The logic is simple.

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