$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...
With recent advancements in AI, particularly the proliferation of generative AI, high-performance computing is in demand, leading to a sudden surge in demand for semiconductors. Generative AI requires massive data processing, so advanced semiconductors are essential. If Nvidia announces significant financial estimates, this ETF will rise by 10% in a matter of days.
Don't give up. I usually buy low and sell high and then buy again when it gets low, but sometimes it doesn't work out. However, overall, the semiconductor market is evolving rapidly, and since old chips need to be replaced, I think any company can continue to grow in this market. SOXL has already delivered impressive returns.![]()
Don't give up. I usually buy low and sell high and then buy again when it gets low, but sometimes it doesn't work out. However, overall, the semiconductor market is evolving rapidly, and since old chips need to be replaced, I think any company can continue to grow in this market. SOXL has already delivered impressive returns.
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