Direxion Daily Semiconductors Bull 3x Shares (SOXL) surged 5.91% in pre-market trading on Thursday, reflecting a broad rally across semiconductor stocks.
The significant pre-market gain is attributed to growing investor optimism around the semiconductor sector, driven by unprecedented demand from artificial intelligence infrastructure. Industry analysts highlight that memory chips and storage products are shedding their traditional cyclical nature as AI data center construction creates a sustained "super-cycle" expected to last through 2027.
Wall Street sentiment has turned increasingly bullish, with major financial institutions raising price targets and earnings estimates for semiconductor companies. The AI wave is fundamentally reshaping the industry, with strong demand for high-bandwidth memory (HBM), server DRAM, and enterprise storage solutions supporting higher valuations and sustained price increases across the semiconductor supply chain.
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