Direxion Daily INTC Bull 2X ETF

LINT

Market cap $33.6M

After positive earnings releases from peer semiconductors like Texas Instruments, Taiwan Semiconductor, and ASML, it was Intel's turn to further support the notion that the semiconductor industry is doing just fine amid the recent volatility.

Stacy Rasgon of Bernstein said surging AI demand is driving semiconductor stocks higher, but highlights growing imbalances across the sector.

As Intel stock reminded traders, what may seem bullish on paper doesn't necessarily translate to the market. Despite beating Wall Street expectations on earnings per share and revenue, the stock dropped by as much as 13% after the market was already closed following the company's Q4/full-year earnings report on Wednesday (January 22).

Direxion is sharpening its focus on the fast-moving, high-conviction corner of the market with the launch of five new single-stock daily leveraged and inverse ETFs packaged for traders who thrive on speed, volatility, and laser-focused thematic bets.

Direxion continues to expand its single-stock ETF offerings for tactical traders. It has introduced five new single stock funds that add exposure to Oracle, Coinbase, Robinhood, and Intel.