On July 24, Direxion Daily Semiconductors Bull 3x Shares declined 5.16% in regular trading, trading at $152.36/share, with turnover of $940 million.
On the news front, TSMC plans to raise foundry prices for both advanced and mature process nodes in 2027, with increases of up to 10%. For new high-performance computing chip orders exceeding client forecasts, TSMC intends to impose an additional 10% to 15% premium on top of the base price hike. Wall Street strategists have warned that South Korean DRAM export prices have surged 370% year-over-year, far exceeding historical cycle peaks. These developments have intensified concerns over chip inflation, with markets fearing that rising costs could pressure the AI boom.
Additionally, semiconductor stocks in Hong Kong and A-share markets have collectively declined in recent sessions, with bearish sentiment spilling over into U.S. equities. Combined with ongoing profit-taking following sharp recent volatility — including a nearly 15% single-day surge earlier in the week — selling pressure has been amplified through this triple-leveraged vehicle that tracks the 30 largest U.S.-listed semiconductor companies.
(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.)