AMD Traders Get New Leveraged ETFs As AI Chip Battle Heats Up

Advanced Micro Devices Inc AMD is at the center of the AI-fueled semiconductor boom, and traders now have fresh tools to ride—or short—the wave.

Direxion has launched two new single-stock leveraged and inverse ETFs: Direxion Daily AMD Bull 2X Shares AMUU and Direxion Daily AMD Bear 1X Shares AMDD. These funds are designed for traders looking to amplify their bets on AMD's daily swings—whether bullish or bearish.

A High-Stakes Way To Trade AMD

AMUU offers twice the daily performance of AMD stock, meaning if AMD rises 2%, AMUU is designed to jump 4% (before fees and expenses). On the flip side, AMDD lets traders bet against AMD, moving in the opposite direction of the chipmaker's stock price on a 1-to-1 basis.

AMD now joins Direxion's semiconductor-heavy lineup, which already includes Nvidia Corp NVDA, Taiwan Semiconductor Manufacturing Co Ltd TSM, Broadcom Inc AVGO, and Micron Technology Inc MU. The timing is significant—AI-driven demand for high-performance chips is surging, and AMD is locked in an arms race with Nvidia for dominance in data centers and beyond.

Read Also: Broadcom, Micron Traders Get New Tools With Direxion’s Latest Leveraged Bull And Bear ETFs

Short-Term Trades, Not Long-Term Bets

But while these ETFs offer high-octane trading opportunities, they're not for long-term investors. Leveraged and inverse ETFs reset daily, making them ideal for active traders who closely monitor market moves. Holding them for too long can lead to unexpected performance due to compounding effects.

With AI reshaping the semiconductor landscape, AMD remains a battleground stock for bulls and bears alike.

Now, Direxion's AMUU and AMDD offer traders a way to turn up the heat—whether they believe AMD is primed to soar or due for a correction.

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