On September 16, Direxion Daily Semiconductors Bull 3x Shares rose 5.03% in regular trading, trading at $106.91/share with turnover of $878 million, staging a notable rebound after plunging over 16% on September 14 amid multiple headwinds.
The recovery is underpinned by several converging catalysts. China's Ministry of Industry and Information Technology and National Development and Reform Commission jointly released the Electronic Information Manufacturing 15th Five-Year Plan, targeting industry revenue exceeding 30 trillion yuan by 2030 and prioritizing full-chain breakthroughs in integrated circuits. Meanwhile, with the Fed's September rate decision imminent — markets widely expect a 25-basis-point hike to 3.75%-4.00% — analysts note that once the rate path is clarified, uncertainty dissipates and consensus can form, historically benefiting high-growth tech sectors. Additionally, Goldman Sachs projected China's semiconductor capex will grow 10%-15% annually through 2030, while global semiconductor equipment billings hit a record $40.53 billion in Q2, reinforcing the AI-driven structural upcycle across the supply chain.
As a 3x leveraged product tracking the 30 largest U.S.-listed semiconductor companies, the fund amplifies both gains and losses relative to the underlying index.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)