L8I7.DE is trading 4.8% down today, reflecting amplified weakness in U.S. tech and semiconductor stocks following a broad Nasdaq-100 decline.
- Profit-taking in AI and chip names intensified after TSMC’s large capex hike, weighing heavily on the leveraged instrument.
- Hawkish Fed signals regarding interest rates and escalating U.S.-Iran tensions are further pressuring global risk appetite.
- As a 2x leveraged ETF, the fund is experiencing magnified volatility relative to the underlying technology index.