SOXL

SOXL is not a company but a fund called the Direxion Daily Semiconductor Bull 3X ETF. It is built to move three times as much as a basket of semiconductor stocks (chipmakers like Nvidia, Broadcom, and AMD) moves on any given day. The fund makes money for investors when chip stocks rise and loses money three times as fast when they fall, using borrowed exposure and derivatives contracts to create that multiplier.