Direxion Shares ETF Trust Direxion Daily AMD Bull 2X ETF

AMUU

Market cap $34.1M

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.

Nvidia has been sitting pretty atop the list of largest companies. After its fiscal year 2026 Q2 earnings, it sent a message that it plans to remain there.

In a crowded field of semiconductor stocks powered by the artificial intelligence (AI) theme, it can be difficult to distinguish yourself. AMD took a simple approach — outperform your peers.

Nvidia may take the top spot when it comes to the largest semiconductor companies based on market cap size, but Advanced Micro Devices (AMD) is still a name to watch. When taking into account the growing size of the semiconductor industry, there's plenty of market share to go around for its largest companies.

On Wednesday, Direxion announced that it has released two new single-stock ETFs.  These new funds offer distinct leveraged and inverse strategies that focus on Advanced Micro Devices, Inc. (AMD).

NEW YORK, NY / ACCESS Newswire / February 12, 2025 / Direxion, a leading provider of tradeable ETFs, today announced bringing an additional pair of Single Stock Leveraged and Inverse ETFs to market. The two new funds allow active traders to obtain magnified, or inverse, exposure to the daily performance of the common stock of Advanced Micro Devices, Inc. (AMD) through either the Direxion Daily AMD Bull 2X Shares (Ticker: AMUU) or the Direxion Daily AMD Bear 1X Shares (Ticker: AMDD).