On August 27, Direxion Daily Semiconductors Bull 3x Shares rose 5.06% in after-hours trading, at $122.0 per share, with turnover of $212 million.
On the news front, NVIDIA reported fiscal Q2 results after market close: revenue of $96.2 billion, up 106% year-over-year, exceeding market expectations of $92.38 billion; adjusted EPS of $2.22, beating consensus by 5.7%; data center revenue reached $89 billion, up 117% YoY, driven by Blackwell Ultra infrastructure ramp-up. NVIDIA surged 4.44% after hours, lifting the broader semiconductor sector. The fund's triple-leverage mechanism further amplified the rebound magnitude.
The fund invests at least 80% of its net assets in financial instruments that provide 3X daily leveraged exposure to the PHLX Semiconductor Index, a modified float-adjusted market capitalization-weighted index tracking the thirty largest U.S. listed semiconductor companies. The fund is non-diversified.
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