The Direxion Daily Semiconductor Bull 3X Shares (SOXL) price plunged hard on Monday as investors shifted cash from chip-related ETFs. Cause: rising anxiety over whether big tech companies can keep delivering returns from money flooded into AI projects. Chip makers crossed into a bear market after months of gains carried by AI chip demand. Analysts say plenty of dollars is going into AI capabilities while spending cools. SOXL, which tracks near 30 semiconductor firms, shed points as the wider sector trimmed over three percent from Friday's close.