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    • CalibanCaliban
      ·2021-08-30
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      Semiconductor ETFs hit all-time highs as global chip shortage persists

      The Direxion Daily Semiconductor 3x Bull Shares ETFhas hit an all-time high on Monday's trading session.The fund has also surged more than 23% over the past week and a half dating back to Aug 19, as the global semiconductor chip shortage continues to weigh on certain regions of the market, such as automobiles and smartphones.SOXL, a 3X leveraged fund that invests in derivatives and stocks in the semiconductors and semiconductor equipment sectors, is not the only chip ETF hitting an all-time high
      Semiconductor ETFs hit all-time highs as global chip shortage persists
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