The GraniteShares 2x Long AMD Daily ETF (AMDL) closed at $7.82 on January 23, down 1.14%, as semiconductor stocks, including Advanced Micro Devices (AMD), faced downward pressure. AMD's stock price fell 0.74% to $122.83, influenced by SK Hynix's record quarterly results that failed to meet investor expectations, contributing to a broader decline in the sector. Concerns over potential U.S. export controls have also weighed heavily on the industry, overshadowing any positive developments. The semiconductor sector's cautious outlook is further compounded by these factors, leading to a decline in investor sentiment.