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News 2026-07-22 17:05 UTC

SMCX Pops 50% As Super Micro Shocks Wall Street With AI Margin Windfall

The Defiance Daily Target 2X Long SMCI ETF (NASDAQ: SMCX ) surged nearly 50% Wednesday, delivering roughly twice the gains of its underlying stock as traders piled into Super Micro Computer Inc. (NASDAQ: SMCI ) following a blockbuster preliminary fourth-quarter update. While SMCI jumped 26% on stronger-than-expected ma