Movement Alert|Direxion Daily Semiconductors Bear 3x Shares Falls 11.61% in Regular Trading, Semiconductor Sector Rebounds on Anthropic $10B Compute Deal

Market Focus
Aug 04

On August 4, Direxion Daily Semiconductors Bear 3x Shares declined 11.61% in regular trading, trading at $45.705/share, with turnover of $811 million.

As a triple-leveraged inverse product tracking the 30 largest U.S. semiconductor companies, its sharp decline reflects broad-based strength across the semiconductor sector. On the news front, Anthropic signed a $10 billion compute deal with NVIDIA-backed Volta, locking in 133 megawatts of data center resources, underscoring robust AI developer demand for high-performance chips. The previous trading day, this ETF surged over 10% after Japan formally implemented advanced packaging equipment export controls targeting China, which triggered heavy selling in Asian semiconductor stocks. The current pullback reflects a technical recovery from oversold conditions combined with renewed bullish sentiment driven by AI infrastructure spending.

The fund invests at least 80% of net assets in financial instruments that provide 3X daily inverse exposure to an index tracking the thirty largest U.S. listed semiconductor companies. The fund is non-diversified.

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