Chip stocks appear to be pulling in the most leveraged ETF money right now. Leveraged and inverse ETFs tied to semiconductor names now carry massive exposure. SK Hynix leads globally with roughly $5.5B in assets, followed by $Micron Technology(MU)$ at around $5.1B and $NVIDIA(NVDA)$ at about $4.8B. Even $Tesla Motors(TSLA)$ , the largest non-chip name in the group, trails with roughly $3.7B. Overall, semiconductor-related stocks now account for around $21B in leveraged ETF assets. The standout figure is $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ , the 3x semiconductor ETF, which pulled in approximately $6.9B in July — its strongest monthly inflow on record. AI chips are not just driving earnings. They appear to be driving capital flows as well.
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