The new leveraged fund offers a bearish view on the US semiconductor multinational.

Defiance ETFs has launched another single stock leveraged exchange-traded fund (ETF) to its portfolio.    The newly launched ETF includes the Defiance Daily Target 2X Short AMD ETF (DAMD), which has Advanced Micro Devices, Inc. (AMD) as its underlying stock.   The ETF will seek daily inverse investment results, before fees and expenses DAMD is aimed at offering investors an instrument to express short-term bearish views on the semiconductor company. The ETF will seek daily in