Latest News for SOXL
The semiconductor sector is undergoing a reset and has a tendency to underperform in the third quarter.
TSMC spooked the stock market this morning, warning of heavier spending on capital investment. Free cash flow is taking a hit, and semiconductor investors are nervous.
The race to launch ETFs tied to SK Hynix Inc (NASDAQ:SKHY) is about more than one of the largest ADR listings in history—it's a bet that investors are beginning to look beyond AI chipmakers like Nvidia and toward the memory companies powering the next generation of artificial intelligence infrastructure.
The Direxion Daily Semiconductor Bull 3X Shares (NYSEARCA:SOXL) just handed investors a brutal reminder of how leverage cuts both ways.
SK Hynix stock slumped in its first full day of U.S. trading as jitters continued to weigh on chip and memory stocks.
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