Direxion Daily Semiconductor Bull 3X ETF Surges on Alphabet-Intel TPU Deal

The Direxion Daily Semiconductor Bull 3X ETF (SOXL) surged nearly 20% following a significant rise in semiconductor stocks, driven by news of Google ordering 3 million tensor processing units from Intel. The deal highlights growing demand for AI infrastructure and supports the sector's long-term growth potential.

By Lee Samaha · Motley Fool · June 8, 2026, 16:48 UTC

Direxion Daily Semiconductor Bull 3X ETF Surges on Alphabet-Intel TPU Deal

Tickers: $GOOGL $INTC $NVDA $SOXL $TSM

Topics: AI infrastructure ETF performance semiconductors

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