On June 18, Direxion Daily Technology Bull 3x (TECL) rose 6.7% in pre-market trading, trading at $231.38/share, with turnover of $103,200. The rally was driven by the continuation of a comprehensive price increase cycle across the global semiconductor supply chain, serving as the core catalyst for the broader technology sector.

Specifically, Japan's tungsten hexafluoride faces substantive supply disruption in July, while global silicon wafer leaders have already completed two rounds of price hikes within the year. Sputtering target material prices have surged over 40%, and semiconductor equipment manufacturers have proactively requested price increases of 3%-4%. SEMI has significantly raised its forecast for the global front-end equipment market to $152.2 billion, representing year-over-year growth of 23.5%. Meanwhile, AI computing demand continues to drive industry prosperity upward, with supply-demand tightness spreading from front-end to back-end processes, lifting the technology sector broadly.

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.)