Core Insights - A significant rally in Advanced Micro Devices (AMD) shares led to the termination of the GraniteShares 3x Short AMD exchange-traded product, which was designed to provide three times the inverse performance of AMD stock [1] Group 1 - The rally in AMD shares was described as violent, indicating a sharp increase in stock price [1] - The GraniteShares 3x Short AMD product aimed to capitalize on declines in AMD stock but was forced to close due to the unexpected rise [1] - Bloomberg Intelligence's Athanasios Psarofagis provided insights on this development during a segment on "Bloomberg ETF IQ" [1]