A 3x leveraged product tied to AMD just went to zero. And investors who bet against the chipmaker have been completely wiped out. The fund, which is designed to deliver triple the inverse of AMD’s daily return, imploded after the stock surged following the announcement of its deal with OpenAI. It’s a textbook example of the risks that investors often unknowingly take when betting on leveraged and inverse ETFs. They can magnify downside risk, decay in value over time and ultimately self-destruct if the ma ...