L8I7.DE is trading 3.2% up today as U.S. tech and growth stocks recover after last week’s sharp AI-driven selloff.
- The fund delivers 2x daily exposure to the Nasdaq-100, which amplifies the current upward move in the Nasdaq Composite.
- The bounce follows heavy profit-taking in AI and semiconductor names like TSMC that were previously weighed down by concerns over aggressive capital expenditure.
- Market sentiment is stabilizing as investors reassess chip spending and broader AI growth prospects following the recent downturn.