Direxion Daily Semiconductor Bull 3X ETF Drops Sharply Amid TSMC Earnings Concerns

The Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) plummeted by over 14.5% following concerns sparked by Taiwan Semiconductor Manufacturing Company's (TSMC) updated capital expenditure guidance, despite strong Q2 earnings results.

By Rich Smith · Motley Fool · July 16, 2026, 19:01 UTC

Tickers: $INTC $MU $NVDA $SOXL $TSM

Topics: ai etf micron nvidia semiconductors taiwan semiconductor manufacturing company (tsmc)

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