🟢 Semiconductor ETF (SMH) is trading 1.9% up as chip shares rebound after August 24 selloff

SMH is trading 1.9% up as stronger Nasdaq futures and renewed technology buying lift chip shares.

• The rebound appears sector-wide, with semiconductor ETFs and major chipmakers recovering in premarket trading.
• Investors are focused on NVIDIA’s August 26 earnings, an important read on AI infrastructure demand.
• Positioning ahead of the report is amplifying volatility across semiconductor stocks.