Direxion Daily Semiconductors Bull 3x Shares (SOXL) surged 11.91% during Thursday's intraday trading, reflecting heightened investor optimism toward the semiconductor sector.
The rally follows bullish reports from Morgan Stanley and Bank of America, which highlighted robust growth prospects for the semiconductor industry in 2026. Analysts cited unprecedented AI infrastructure demand, semiconductor equipment expansion, and advancements in optical interconnects as key drivers. Top semiconductor players like NVIDIA and Broadcom are expected to benefit, fueling gains in leveraged ETFs such as SOXL.
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