Stock Track | Direxion Daily Semiconductors Bear 3x Shares Soars 5.03% in Pre-market as Chip and Storage Stocks Tumble

Stock Track

2 hours ago

Direxion Daily Semiconductors Bear 3x Shares (SOXS), a leveraged exchange-traded fund designed to deliver three times the inverse daily performance of semiconductor stocks, surged 5.03% in pre-market trading on Tuesday.

The sharp rise in the bearish ETF came as chip and storage shares fell broadly in pre-market trading. According to market reports, semiconductor-related stocks including the Direxion Daily Semiconductor Bull 3x Shares (SOXL), SanDisk, Wolfspeed, and Microchip Technology were down around 2%, while Seagate Technology and Western Digital declined over 1%.

The sell-off in the semiconductor sector may also reflect growing concerns about future oversupply. A former Samsung chip executive recently predicted that memory prices could drop next year or in early 2028 as Chinese companies aggressively expand production capacity, potentially shifting the market from the current shortage to a surplus.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1177670138"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1177670138\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1177670138?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-19 17:35","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1177670138","market":"sg","top_or_hot":-1,"title":"Stock Track | Direxion Daily Semiconductors Bear 3x Shares Soars 5.03% in Pre-market as Chip and Storage Stocks Tumble","media":"Stock Track","content":"<p>Direxion Daily Semiconductors Bear 3x Shares (SOXS), a leveraged exchange-traded fund designed to deliver three times the inverse daily performance of semiconductor stocks, surged 5.03% in pre-market trading on Tuesday.</p><p>The sharp rise in the bearish ETF came as chip and storage shares fell broadly in pre-market trading. According to market reports, semiconductor-related stocks including the Direxion Daily Semiconductor Bull 3x Shares (SOXL), SanDisk, Wolfspeed, and Microchip Technology were down around 2%, while Seagate Technology and Western Digital declined over 1%.</p><p>The sell-off in the semiconductor sector may also reflect growing concerns about future oversupply. A former Samsung chip executive recently predicted that memory prices could drop next year or in early 2028 as Chinese companies aggressively expand production capacity, potentially shifting the market from the current shortage to a surplus.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Direxion Daily Semiconductors Bear 3x Shares Soars 5.03% in Pre-market as Chip and Storage Stocks Tumble</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Direxion Daily Semiconductors Bear 3x Shares Soars 5.03% in Pre-market as Chip and Storage Stocks Tumble\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-05-19 17:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Direxion Daily Semiconductors Bear 3x Shares (SOXS), a leveraged exchange-traded fund designed to deliver three times the inverse daily performance of semiconductor stocks, surged 5.03% in pre-market trading on Tuesday.</p><p>The sharp rise in the bearish ETF came as chip and storage shares fell broadly in pre-market trading. According to market reports, semiconductor-related stocks including the Direxion Daily Semiconductor Bull 3x Shares (SOXL), SanDisk, Wolfspeed, and Microchip Technology were down around 2%, while Seagate Technology and Western Digital declined over 1%.</p><p>The sell-off in the semiconductor sector may also reflect growing concerns about future oversupply. A former Samsung chip executive recently predicted that memory prices could drop next year or in early 2028 as Chinese companies aggressively expand production capacity, potentially shifting the market from the current shortage to a surplus.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SOXS","symbol_name":"三倍做空半导体ETF-Direxion Daily","start_time":0,"source_url":"","article_id":"1177670138","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1177670138","pubTimestamp":1779183352,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Direxion Daily Semiconductors Bear 3x Shares (SOXS), a leveraged exchange-traded fund designed to deliver three times the inverse daily performance of semiconductor stocks, surged 5.03% in pre-market...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SOXS":"三倍做空半导体ETF-Direxion Daily"},"translate_title":"个股追踪|Direxion Daily Semiconductors Bear 3x芯片和存储股暴跌盘前股价飙升5.03%","themeId":"","isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/c4449c1a208a5f00aa8edc4229a27376","symbols_score_info":{"SOXS":1},"content_text":"Direxion Daily Semiconductors Bear 3x Shares (SOXS), a leveraged exchange-traded fund designed to deliver three times the inverse daily performance of semiconductor stocks, surged 5.03% in pre-market trading on Tuesday.The sharp rise in the bearish ETF came as chip and storage shares fell broadly in pre-market trading. According to market reports, semiconductor-related stocks including the Direxion Daily Semiconductor Bull 3x Shares (SOXL), SanDisk, Wolfspeed, and Microchip Technology were down around 2%, while Seagate Technology and Western Digital declined over 1%.The sell-off in the semiconductor sector may also reflect growing concerns about future oversupply. A former Samsung chip executive recently predicted that memory prices could drop next year or in early 2028 as Chinese companies aggressively expand production capacity, potentially shifting the market from the current shortage to a surplus.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}