Direxion Daily Semiconductors Bull 3x Shares (SOXL) surged 5.06% in pre-market trading on Tuesday, reflecting a sharp rebound in the leveraged semiconductor ETF.

The rally was primarily driven by the Bank of Korea's explicit rejection of market concerns that the semiconductor boom has peaked. The central bank asserted that the global semiconductor expansion cycle will persist for a considerable period, citing that surging demand driven by AI infrastructure investment is significantly outpacing the rate of supply expansion. This assessment, which extends the bank's previous forecast, provided a strong fundamental catalyst for sector optimism.

Analysts noted the move also represented an oversold rebound following the prior session's sharp decline exceeding 10%, which was triggered by concentrated profit-taking. The Bank of Korea's report emphasized that supply bottlenecks for high-performance products like High Bandwidth Memory (HBM) provide structural support for a prolonged upcycle, as the supply side is unlikely to create excess pressure in the short term even if demand fluctuates.