SMH is trading 1.7% higher in after-hours trading on August 26, 2026, primarily linked to NVIDIA’s fiscal second-quarter results, which exceeded expectations with $96.22 billion in revenue and $2.22 adjusted EPS.

  • NVIDIA projected approximately $108 billion in third-quarter revenue, reinforcing AI infrastructure demand and lifting semiconductor sentiment.
  • The move follows a nearly flat regular session and contrasts with recent hedge-fund semiconductor reductions.
  • Broader risk sentiment was supportive, with major U.S. indexes finishing higher.