On June 24, Direxion Daily Semiconductor Bear 3X ETF (SOXS) fell 8.09% in after-hours trading, trading at $3.79/share, with turnover of $48.02 million. As a triple-leveraged inverse semiconductor ETF, SOXS came under heavy pressure as the semiconductor sector continued its powerful rally.

The decline reflects the ongoing semiconductor supercycle driven by multiple catalysts. TSMC has notified clients of wafer price increases of 5% to 10% across all advanced nodes at 7nm and below, affecting approximately 75% of wafer revenue. Global semiconductor equipment spending continues to be revised upward as AI computing demand drives expansion in both HBM/DRAM production and advanced logic process upgrades. SK Hynix announced plans to triple capacity by 2034, further confirming the industry upcycle.

Multiple brokerages have affirmed a long-term upward cycle for semiconductor equipment, with component pricing experiencing a historic full-chain price increase. The semiconductor sector index hit fresh all-time highs during the regular session, with leading chipmakers posting significant gains, directly amplifying losses for inverse-leveraged products like SOXS.

The fund invests at least 80% of net assets in financial instruments providing 3X daily inverse exposure to the ICE Semiconductor Index, which tracks the thirty largest U.S. listed semiconductor companies. The fund 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.)