GraniteShares 2x Long INTC Daily ETF Price & Performance (INTW)

GraniteShares announced significant changes to its leveraged and short ETFs, effective May 2025. The adjustments will see leverage factors shift to either +2, -2, or -1 times daily stock variations. This move aims to align investment strategies with market demands, potentially altering fund performance dynamics for investors.1

The GraniteShares 2x Long INTC Daily ETF saw a 32.7% weekly gain, driven by Intel's 18% stock rise. This surge followed the appointment of Lip-Bu Tan as CEO, a decision welcomed by the market after years of underperformance. The ETF’s performance highlights investor optimism in the semiconductor sector.23

Despite Wall Street's fourth consecutive losing week, select ETFs outperformed, including the GraniteShares 2x Long INTC Daily ETF and Defiance Daily Target 2X Long SMCI ETF. These funds leveraged gains in Intel and Super Micro Computer stocks, showcasing resilience in technology-driven markets during broader declines.32