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GraniteShares has launched two new leveraged exchange-traded funds (ETFs) focusing on AI chip technology, offering sophisticated investors amplified exposure to two prominent stocks: MARA Holdings and Marvell Technology. These ETFs, named GraniteShares 2x Long MARA Daily ETF (MRAL) and GraniteShares 2x Long MRVL Daily ETF (MVLL), aim to achieve 200% of the daily performance of MARA and MRVL, respectively, allowing for tactical trading based on market trends and news. The funds cater to investors interested in short-term momentum within the digital asset and semiconductor technology sectors. GraniteShares continues to expand its portfolio of leveraged single-stock ETFs, catering to traders seeking high-conviction opportunities in dynamic markets.
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Marvell Technology last closed at $70.84 down 2%.
In other trading, Broadcom was trading firmly up 8.6% and closing at $194.96. At the same time, MediaTek lagged, down 4.8% to end trading at NT$1,395.00.
Best AI Chip Stocks
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NVIDIA finished trading at $112.69 up 1.9%.
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Advanced Micro Devices closed at $100.31 up 1.5%, not far from its 52-week low.
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Intel ended the day at $20.64 down 0.5%. Intel presented at the CableLabs Winter Conference 2025 today, March 10.
Summing It All Up
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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.