Direxion Daily AMD Bull 2X Shares Price & Performance (AMUU)

The semiconductor industry, buoyed by the CHIPS Act and high demand for AI and cryptocurrency applications, has seen remarkable growth. The VanEck Semiconductor ETF leads with a 13.50% annual performance, showcasing the sector's strength. Thematic ETFs remain a preferred choice for long-term investors seeking stable exposure to this booming industry.1

The Direxion Daily TSLA Bull 2X Shares ETF experienced a significant price drop, declining 8.8% to $8.33. This marks a steep fall from its recent highs, reflecting heightened volatility in Tesla-linked leveraged ETFs. Despite institutional investments, the fund's performance remains under pressure due to market fluctuations.2

The Direxion Daily TSLA Bull 2X Shares ETF saw a 16% increase in trading volume, reaching 65.8 million shares. However, its price fell to $7.80, signaling investor caution. This ETF, designed for short-term trades, continues to exhibit the risks inherent in leveraged investment vehicles.3