The exchange-traded fund (ETF) gives investors daily leveraged exposure to SK hynix as demand for AI-related semiconductor stocks continues to grow.
Direxion has launched the Direxion Daily SK Hynix Bull 2X ETF (SKHL), expanding its range of leveraged semiconductor ETFs. SK hynix is a supplier of high-bandwidth memory The ETF began trading on 15 July and seeks to deliver 200% of the daily performance of the SK hynix Inc. American depositary receipt (ADR) (Nasdaq: SKHY), before fees and expenses. SK hynix is a supplier of high-bandwidth memory (HBM) chips used in artificial intelligence (AI) hardware, including AI accelerators. The