On June 25, Direxion Daily Technology Bull 3x (TECL) rose 7.69% in regular trading, trading at $206.35/share, with turnover of $54.62 million.
On the news front, the global semiconductor supply chain is experiencing a broad-based pricing upcycle, serving as the core catalyst for the tech sector rally. Nearly 20 analog and power semiconductor companies announced collective price increases effective July, with AI server power management chips seeing hikes of 15%-25% and power component lead times extending to 6-9 months. Meanwhile, Japanese tungsten hexafluoride faces a substantial supply cutoff in July, global silicon wafer leaders have completed two rounds of price hikes year-to-date, and sputtering target materials have surged over 40%. Equipment makers AMAT and TEL have raised prices 5%-10%, with delivery lead times stretching to 5-8 months. AI computing demand continues to drive supply-demand tightness from front-end equipment through back-end packaging, with TSMC, Samsung, and SK Hynix maintaining strong expansion plans. The 3x leverage mechanism further amplifies the sector's upside movement.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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