$SOXL and $KORU —both of these triple-leverage products—continue to look long.

As long as AI’s demand for computing power remains, the logic behind the storage sector’s shortage won’t change. Micron and SanDisk have been moving strongly recently, lifting the overall sentiment for US-listed chip stocks; so even if $SOXL experiences a short-term pullback, it may quickly recover. The level of the dip is worth paying attention to.

As for $KORU, its underlying core support is SK Hynix. Recently, there has not only been large capital investment for HBM capacity expansion, but also policy backing from South Korea’s local side and institutional capital moving in to accumulate shares—fundamentals are very solid.

Following the broader direction of memory chips, buying on dips could be a good entry opportunity. That said, since everything here uses leverage, the volatility risk is not small—everyone should be sure to control position sizing when trading.