Because chips provide the hardware necessary in order to run artificial intelligence (AI) applications, the semiconductor industry’s performance is proverbially attached to the hip of AI. That said, traders can continue riding the strength of the AI wave with the Direxion Daily Semiconductor Bull and Bear 3X Shares (SOXL).
Ben Hernandez is a writer for ETF Trends, specializing in exchange-traded funds. His articles cover a wide range of topics, including emerging markets, gold investment, managed futures, and stock performance. With his work featured in ABS-CBN Corporation, HotCars, and ETF Database, Ben provides insightful analysis and market trends for investors.