On September 21, Direxion Daily Semiconductors Bull 3x Shares rose 5.92% in pre-market trading, trading at $130.62/share, with turnover of approximately $46.69 million.

Multiple catalysts converged to boost semiconductor sentiment. Major global power semiconductor IDMs including Infineon, Texas Instruments, STMicroelectronics, and onsemi have executed successive rounds of price increases, with onsemi confirming elevated pricing will persist through at least next year. Renesas Electronics announced its second price adjustment this year, effective January. Taiwanese firms are planning an additional 10%-15% markup in October, signaling a synchronized global repricing cycle driven by genuine supply-demand tightness rather than speculative hoarding.

Meanwhile, Korean semiconductor equipment key component delivery times have doubled, and CoWoS advanced packaging remains severely supply-constrained. TSMC's CoWoS monthly capacity is projected at 120,000-140,000 wafers by year-end, yet expanding AI chip die sizes and rising HBM content continue to absorb incremental supply. Additionally, CXMT announced mass production of its fifth-generation DRAM platform with over 50% storage density improvement, reinforcing domestic semiconductor momentum.

(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.)

The fund 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.