On September 17, Direxion Daily Semiconductors Bull 3x Shares rose 5.04% in pre-market trading, trading at $109.31/share, with turnover of $57.39 million.

On the news front, Korean tech media ETNEWS reported that delivery lead times for critical semiconductor manufacturing equipment components have more than doubled, with some Japanese-sourced parts now requiring up to 40 months for delivery. Industry executives noted that even offering premium pricing has failed to accelerate deliveries due to severe capacity constraints at component suppliers. The tightening supply chain lifted storage chip and optical communication names broadly in pre-market trading, with SK hynix and Western Digital rising nearly 2%, while Micron, Sandisk, Corning, and Marvell Technology gained over 1%.

Adding to the bullish backdrop, SEMI forecasts global semiconductor equipment sales will reach a record $165.9 billion this year, up 23.2% year-over-year, with growth expected to continue through 2028. TSMC has raised its full-year capital expenditure guidance to $60-64 billion, while ASML's production capacity is fully sold out through next year. The ETF had previously dropped 16.66% in a single session on September 14, and the current rebound reflects a convergence of supply-chain tightness and technical oversold recovery.

Direxion Daily Semiconductors Bull 3x Shares invests at least 80% of its net assets in financial instruments that provide 3X daily leveraged 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.)