🔴 GraniteShares 2x Long DELL Daily ETF is trading 5.7% down today as Broadcom's weak guidance triggers an AI sector selloff

GraniteShares 2x Long DELL Daily ETF is trading 5.7% down today as investors rotate out of tech and AI beneficiaries following Broadcom’s disappointing revenue print and guidance.

• The decline is part of a broader semiconductor and Nasdaq selloff, with cooling enthusiasm for Dell’s AI server story driving profit-taking after an extreme multi-month rally.
• As a leveraged instrument designed to deliver 2x the daily move of Dell, the GraniteShares 2x Long DELL Daily ETF is seeing amplified downside during this shift in sector sentiment.