Direxion Daily NVDA Bull 2X Shares

NVDU

Market cap $810M

The seemingly unrelenting stream of artificial intelligence (AI)-related headlines extended in a big way on Monday, Sept. 22 when Nvidia (NVDA) and OpenAI unveiled a letter of intent under which the ChatGPT parent will deploy a minimum of 10 gigawatts of Nvidia systems to underpin its AI infrastructure.

Nvidia's (NVDA) fiscal Q2 earnings, one of August's marquee events, are now in the rearview mirror. But simply because summer is fading doesn't mean interest in Nvidia market capitalization will.

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.

The ICE Semiconductor Index has been up more than 25% over the past 90 days. And Nvidia (NVDA) is printing new highs on a regular basis.

While artificial intelligence has been one of the hottest topics in the business ecosystem, it's not without its challenges. Six months following its high-profile announcement at the White House, the $500 billion Stargate project — a joint venture between OpenAI and SoftBank — has encountered significant delays and scaled-back ambitions.

As if semiconductors didn't need more momentum, the passage of “One Big Beautiful Bill” could keep investors dipping into chips. In turn, traders may want to watch a few leveraged products from Direxion.

Direxion Daily Nvda Bull 2X Shares ETF offers 2x daily exposure to Nvidia Corporation shares, ideal for active traders seeking amplified short-term returns. The NVDU ETF structure, combining total return swaps and direct NVDA share ownership, helps mitigate some value decay versus other leveraged products. Holding NVDU beyond a single day can lead to compounding effects, amplifying both gains and losses, and may not be appropriate for long-term holding.

If you're going to be part of the Magnificent Seven, you better do something that's, well

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Nvidia's stock continues to recover following April's tariff-fueled sell-off. The chipmaker appears to be picking up where it left off as data center demand continues to rise.