🟢 Semiconductor ETF (SMH) is trading 1.5% up today on strong Korean semiconductor exports

SMH is trading at $578.15 (+1.53%) as strong Korean semiconductor exports and rising DRAM prices reinforce expectations for durable memory demand.

• Early-August Korean semiconductor exports surged 155.4% year over year; Microsoft is reportedly seeking expanded production of its Maia 300 accelerator.
• TSMC is nearing capacity for advanced AI packaging, while the broader market is nearly flat; elevated oil prices, Treasury yields, and uncertainty ahead of the August 12 CPI report limit the advance.