🟢 Semiconductor ETF (SMH) is trading 1.8% up in pre-market on Korean exports and surging DRAM prices

SMH is trading at $583.00 (+1.76%) as strong Korean semiconductor exports and surging DRAM prices reinforce durable AI-memory demand expectations.

• Korean semiconductor exports recently reached record levels, while DDR5 contract prices climbed sharply year over year.
• Broad chip buying is lifting the sector, with Micron, Marvell, Intel, Applied Materials, and Lam Research all higher pre-market.
• Positive sector momentum is offsetting broader caution ahead of the 8:30 AM ET CPI release, while Nasdaq futures remain modestly higher.