Defiance Daily Target 2X Long SMCI ETF Price & Performance (SMCX)

Super Micro Computer (SMCI) shares have surged over 62% in the past month, driven by heightened optimism over its earnings and increased demand for data center services. Leveraged ETFs like SMCX and SMCL have also gained traction, offering investors amplified exposure to SMCI's performance.12

Wall Street faced a challenging week as inflation concerns and consumer spending worries led to declines in major indices. Despite this, select leveraged ETFs, including SMCX, posted strong gains, reflecting investor interest in AI and semiconductor-related sectors.23

During a turbulent week for Wall Street, leveraged ETFs like INTW and SMCX delivered notable returns. INTW benefited from Intel's leadership change, while SMCX capitalized on Super Micro Computer's rising AI server demand, showcasing sector-specific opportunities.34