On July 28, Direxion Daily Semiconductors Bear 3x Shares rose 11.12% in regular trading, trading at $62.19/share, with turnover of $794 million.

As a triple-leveraged inverse ETF, the sharp rise reflects deep weakness across the semiconductor sector. On the news front, global chip stocks suffered a broad-based selloff. South Korea's KOSPI plunged 10.84%, with Samsung Electronics falling 13.39% and SK Hynix dropping 14.65%. In U.S. markets, NVIDIA fell approximately 5%, AMD declined around 8%, and the Philadelphia Semiconductor Index shed 2.2%. The selloff came as a previously announced $950 billion cooperation agreement between Samsung, SK Group, NVIDIA, and Broadcom saw its positive momentum rapidly fade. Additionally, concerns over NVIDIA's involvement in a $250 billion circular financing controversy and a broader market reassessment of AI capital expenditure intensified selling pressure ahead of a major earnings week.

The fund invests at least 80% of its net assets in financial instruments that provide 3X daily inverse exposure to an index tracking the thirty largest U.S. listed semiconductor companies. The fund is non-diversified.

(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.)