Direxion Daily AMD Bull 2X ETF

AMUU

Börsenwert 82,4 Mio. $

In my opinion AMUU, the 2x leveraged daily ETF on AMD, is best suited for intraday trading, not multiday exposure, given current market conditions. AMD trades at multiples above the sector median, with a PEG and forward valuations that leave little room for error compared to the rest of the semiconductor space. Analyst price targets for AMD point to limited upside from current levels, while implied volatility remains elevated, increasing in my opinione the risk of volatility drag.

Moderna, Micron, Intel and AMD have powered huge gains in single-stock leveraged ETFs in 2026. Here are four standout areas.

Semiconductors remain one of the equity market's most vital and volatile sectors, sitting at the center of several major investment themes, from artificial intelligence (AI) and data center spending to smartphones, autos, and broader technology demand.

Shares of semiconductor giant Advanced Micro Devices (AMD) have more than doubled this year. The stock, one of the bellwethers in the artificial intelligence (AI) semiconductor space, traded higher last week following the company's Advance AI event.

Confirming a prominent perch of its own in the artificial intelligence (AI) semiconductor space, Advanced Micro Devices (AMD) is up more than 90% this year and has more than quadrupled in value over of the past year. As the company's latest quarterly earnings update confirms, AI compute demand is through the roof.

Semiconductor stocks haven't been immune to retrenchment in the artificial intelligence (AI) trade and sector rotation. Just look at Advanced Micro Devices (AMD), which is off more than 7% since the start of the year.

Taiwan Semiconductor Manufacturing (TSM) delivered strong results last week while telling investors it expects 2026 sales to surge 30%, confirming the theme of artificial intelligence (AI) spending is alive and well. The world's largest semiconductor foundry operator also signaled robust margin expansion.

Depending on when the inquiry is asked and to whom, Advanced Micro Devices Inc (NASDAQ: AMD) is either a critical player in artificial intelligence — and thus deserves a strong valuation premium — or is an overplayed enterprise that has long overstayed its welcome. Both sides offer compelling arguments, which makes deciphering the forward trajectory of AMD stock one of the most contentious practices on Wall Street.

Although semiconductor giant Advanced Micro Devices Inc (NASDAQ:AMD) took the market by storm with a potentially landmark deal, the extreme enthusiasm toward artificial intelligence raises concerns about an unsustainable bubble. As such, last week saw AMD stock tumble into the red after what appeared to be an auspicious start to another stunning rally.

Micron smashed its fiscal Q4 earnings with beats across the board and positive guidance on Tuesday, which should gives bulls more room to run. However, its largest peer in the semiconductor space, Nvidia, could be heading in the opposite direction.