GraniteShares has introduced three new leveraged ETFs that focus on the AI chip sector, providing leveraged exposure to Dell, Intel, and Qualcomm. These offerings, namely the GraniteShares 2x Long QCOM Daily ETF, GraniteShares 2x Long DELL Daily ETF, and GraniteShares 2x Long INTC Daily ETF, are designed for investors looking to potentially amplify gains or losses in response to daily price movements. GraniteShares, recognized for its pioneering work in leveraged single-stock ETFs, continues to expand its range of products to cater to investors interested in the AI revolution.

• Intel last closed at $24.13 up 7.3%.
• QUALCOMM last closed at $172.15 up 1.1%.

Elsewhere in the market, Intel was trading firmly up 7.3% and finishing the session at $24.13. At the same time, Taiwan Semiconductor Manufacturing lagged, down 2.3% to finish the session at NT$1,065.00. On Wednesday, the company announced the ex-dividend date for its Q4 2024 cash dividend, set for June 18, 2025.

Intel is leveraging EUV technology and AI advancements to enhance market share. Explore the narrative to understand Intel's strategic initiatives and growth potential.

Additionally, you might want to read our Market Insights article titled "DeepSeek Upends AI Industry," where we examined how the emergence of DeepSeek's R1 model is prompting a reevaluation of the massive investments into AI chips and the potential implications for the AI value chain, emphasizing both the risks and opportunities within this evolving sector.

Best AI Chip Stocks

• Micron Technology closed at $95.66 up 4.3%.
• NVIDIA finished trading at $135.29 up 3.2%.
• Advanced Micro Devices settled with no change at, $111.81, close to the 52-week low. AMD signed an LOI with CEA to collaborate on AI computing technologies three days ago.

Key Takeaways

• Take a closer look at our AI Chip Stocks list of 54 companies, such as Lam Research, NAURA Technology Group and NXP Semiconductors, by clicking here.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "GraniteShares launches new leveraged ETFs on Intel, Dell and Qualcomm" from GraniteShares on GlobeNewswire (published 13 February 2025)

Companies discussed in this article include NasdaqGS:INTC NasdaqGS:MU NasdaqGS:NVDA NasdaqGS:QCOM NasdaqGS:AMD and TWSE:2330.

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