I bought SOXL in my taxable, IRA, & HSA accounts mid 2022 through early 2023. Incredible returns, but only because I was lucky enough to buy near the lows.
The Fund seeks daily investment results, before fees and expenses, of 300% of the daily performance of the ICE Semiconductor Index. The Index is a rules-based, modified float-adjusted market capitalization-weighted index that tracks the performance of the thirty largest US listed semiconductor companies.
https://stockanalysis.com/etf/soxl/
Fidelity Select Semiconductors (FSELX) is a less volatile way to play the semiconductor sector.