Semiconductor ETFs Surge Intraday, SOXL Up Nearly 10%, DRAM Up Nearly 7%
September 5 intraday, semiconductor sector rallied broadly with major ETFs and stocks showing strong performance. As of press time, 3x bullish semiconductor ETF SOXL rose nearly 10% to $117.28, hitting a high of $118.18 and low of $109.73, opening at $111.22, significantly above prior close of $106.74. Dirus Semiconductor DRAM gained nearly 7% to $59.69, while EUV advanced over 4% to $23.53. Inverse ETF SOXS fell over 10% to $46.34, confirming the sector's overall uptrend.
Trading data showed SOXL turnover reached $7.34 billion with volume of 63.55 million shares, indicating active trading and high market attention. DRAM turnover was $2.399 billion with 40.95 million shares traded, showing ample liquidity. EUV turnover was $11.51 million with 492,000 shares. Sector gains may be driven by industry-positive news, with investors remaining optimistic about semiconductor prospects. SOXL showed upward momentum in pre-market, continued rising after open, and approached $118 level intraday with strong buying pressure.
Analysts noted the semiconductor sector has attracted sustained market attention, with strong AI chip demand and industry recovery expectations driving capital inflows. SOXL, as a 3x leveraged ETF, amplifies sector volatility, suitable for short-term traders but requiring risk awareness. DRAM focuses on semiconductor storage, benefiting from memory chip price increase expectations. EUV involves extreme ultraviolet lithography technology concepts with high technical barriers. Investors can monitor sector trends and individual stock performance, noting leveraged ETF risks and market volatility. Market expects semiconductor industry to continue growth in second half, suggesting buying quality stocks on dips.
