On June 18, Direxion Daily Technology Bull 3x (TECL) rose 7.69% in regular trading, trading at $231.91/share, with turnover of $38.5965 million.

On the news front, the global semiconductor supply chain continues its broad-based pricing upcycle, serving as the core catalyst for the tech sector rally. Specifically, Japan faces a substantive supply cutoff of tungsten hexafluoride in July, global silicon wafer leaders have completed two rounds of price hikes this year, sputtering target prices have surged over 40%, and semiconductor equipment makers are proactively requesting 3%-4% price increases. SEMI has significantly raised its forecast for the global front-end equipment market to $152.2 billion, representing 23.5% year-over-year growth. Meanwhile, AI computing demand continues to drive industry prosperity upward, with equipment lead times extending to over 5-8 months and supply-demand tightness spreading from front-end to back-end processes.

The fund invests at least 80% of its net assets in financial instruments that provide 3X daily leveraged exposure to the Technology Select Sector Index, which includes domestic companies from the technology sector. It is non-diversified.

(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.)