🟢 AMD 2x Leveraged ETF (AMDC) is trading 6.7% up as Anthropic’s IPO filing lifts chip stocks

AMDC is trading at $22.18, up 6.74%, as renewed enthusiasm for AI and semiconductor shares after Anthropic filed for an IPO lifts chip stocks.

• The Philadelphia Semiconductor Index rose 2.82%, while AMD gained 2.80% in Monday’s session.
• AMDC’s leveraged exposure magnifies moves in AMD; broader U.S. markets are mixed this morning.
• The sector rally follows recent selling tied to worries about AI spending and chip valuations.