$2x Long VIX Futures ETF(UVIX.US)

It is estimated to rise slightly to between 6.4-6.8 before falling back

U.S. stocks were sold off on Wednesday, with the S&P 500 down about 1%, the Nasdaq down 2.3%, and the Dow Jones slightly up as technology led a broad risk shift, related to new AI disruption concerns and weak guidance. The decline was driven by semiconductors, with AMD plunging nearly 17% on disappointing outlooks, triggering heavy losses across the chip complex, including Broadcom (-7%), Micron (-11%), Lam Research (-10%), and Applied Materials (-9%). Software stocks also extended recent declines as investors reassessed competitive risks after new AI product launches, raising concerns that automation could erode pricing power and margins for enterprise, legal, and financial software. Outside of tech, defensive sectors outperformed, with healthcare gaining support after Amgen surged more than 7% on strong earnings. Meanwhile, the ADP report showed private payroll growth slowed to just 22,000 in January, reinforcing signs of cooling labor demand with little support for stocks.

$NASDAQ Composite Index(.IXIC.US)$S&P 500(.SPX.US)$AMD(AMD.US)$Applied Optoelectronics(AAOI.US)$Broadcom(AVGO.US)$Micron Tech(MU.US)