On September 9, GraniteShares 2x Long AMD Daily ETF rose 8.12% in regular trading, trading at $60.00/share, with turnover of approximately $73.14 million. As a 2x leveraged product tracking AMD, the ETF amplified AMD's nearly 6% single-day gain.

On the news front, AMD significantly raised its 2030 AI total addressable market estimate from $1 trillion to $2 trillion at the Citi Global TMT Conference. The company projected data center revenue to double to roughly $70 billion by 2027, with AI GPUs contributing approximately $40 billion. AMD also disclosed that core customers including Meta have placed orders for its Helios rack systems exceeding initial agreements, with $29–30 billion in procurement commitments secured. Meanwhile, OpenAI confirmed it will continue using AMD accelerators alongside other partners, reinforcing AMD's role in a diversified AI chip supply chain.

The broader semiconductor sector strengthened in tandem, with the Philadelphia Semiconductor Index turning positive and peers such as ARM, Marvell, and Qualcomm posting gains, further boosting bullish sentiment toward the leveraged ETF.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)