SMH is trading 2.3% up today as NVIDIA’s announced Wall Street partnerships target more than $500 billion in third-party financing for data centers and related hardware, supporting demand across the semiconductor ecosystem.
- Super Micro Computer rallied premarket after strong earnings expectations, reinforcing AI-server momentum.
- The move is sector-led: Nasdaq is up only 0.58%, while semiconductor exposure outperforms; broader technology futures remained positive ahead of July CPI.
- CPI uncertainty, oil-price volatility, and Middle East tensions remain risks.