Movement Alert|Direxion Daily Semiconductors Bull 3x Shares Falls 5.42% in Regular Trading, TSMC Price Hike Sparks Chip Inflation Fears Amid Profit-Taking

Market Focus
Jul 27

On July 27, Direxion Daily Semiconductors Bull 3x Shares declined 5.42% in regular trading, trading at $129.235/share, with turnover of $2.32 billion.

On the news front, TSMC plans to raise advanced and mature process chip foundry prices by up to 10% in 2027, with an additional 10% to 15% premium surcharge on new high-performance computing chip orders exceeding client forecasts. The development has intensified concerns over so-called chip inflation across the semiconductor supply chain.

The Philadelphia Semiconductor Index has pulled back as much as 18% from its recent highs, with global trade friction serving as a key sentiment headwind despite no material deterioration in industry fundamentals. The semiconductor sector experienced sharp volatility throughout July, with institutional cycle-peak warnings compounding profit-taking pressure. As a 3x leveraged product tracking the top 30 U.S.-listed semiconductor companies, the fund's losses were amplified accordingly.

The fund invests at least 80% of its net assets in financial instruments that provide 3X daily leveraged exposure to the index. The fund is non-diversified.

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