🟢 Semiconductor ETF (SMGB.L) is trading 3.27% up today after NVIDIA earnings beat expectations

SMGB.L is trading at £78.90, up +3.27%, primarily on sector-driven strength after NVIDIA’s Q2 results lifted semiconductor and AI-related holdings.

• NVIDIA reported Q2 revenue of $96.2 billion, adjusted EPS of $2.22, and an outlook exceeding forecasts; shares rose 3.98% after hours.
• NVIDIA represents roughly 10.8% of SMGB.L, making the earnings reaction material.
• Nasdaq and S&P 500 futures are up 0.84% and 0.39%; Jackson Hole Symposium and Fed commentary remain secondary watchpoints, while Marvell’s August 27 earnings are an additional catalyst.