Direxion Daily Semiconductor Bull 3X ETF Drops Amid Market Concerns Over Memory Sector

The Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) fell by over 11.6% due to concerns about the sustainability of gains in computer memory stocks, particularly after SK Hynix announced plans to double its DRAM production capacity by 2030.

By Rich Smith, The Motley Fool Mon, July 13, 2026 at 7:45 PM GMT+3 3 min read · Yahoo Finance · July 13, 2026, 16:45 UTC

Tickers: $INTC $MRVL $MU $NVDA $SKHYV $SOXL

Topics: etfs memory_chips semiconductors stock_volatility

Read the full article at Yahoo Finance

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