Stock Track | Direxion Daily Semiconductors Bull 3x Shares (SOXL) Soars 5.78% Pre-Market on TSMC's Capex Boost

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Direxion Daily Semiconductors Bull 3x Shares (SOXL) surged 5.78% in pre-market trading, mirroring gains in the broader semiconductor sector.

The rally was driven by TSMC's announcement of higher capital expenditure forecasts for 2026 ($52 billion to $56 billion), signaling strong demand for chipmaking equipment. As a leveraged ETF, SOXL amplified the sector's optimism, with other semiconductor stocks like ASML, Applied Materials, and Lam Research also posting gains.

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