Direxion Daily Semiconductors Bull 3x Shares (SOXL) soared 5.03% in pre-market trading, reflecting strong investor optimism toward the semiconductor sector.
The rally follows bullish reports from Morgan Stanley and Bank of America, which highlighted the semiconductor industry's robust growth prospects for 2026. Analysts cited unprecedented AI infrastructure demand, semiconductor equipment expansion, and optical interconnect advancements as key drivers. Top picks like NVIDIA, Broadcom, and semiconductor equipment leaders are expected to benefit, fueling gains in leveraged ETFs like SOXL.
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