🟢 Semiconductor ETF (SMH) is trading 2.6% up today driven by NVIDIA’s stronger-than-expected results

SMH is trading at $570.23, up 2.60% on August 27, 2026, driven by NVIDIA’s stronger-than-expected fiscal second-quarter results and upbeat revenue outlook.

• NVIDIA reported $96.2 billion in revenue and $2.22 adjusted EPS, forecasting approximately $108 billion in next-quarter revenue and reinforcing expectations for sustained AI-chip demand.
• NVIDIA’s rally lifted other chip and AI-infrastructure names; the Nasdaq gained 0.70% and the S&P 500 rose 0.16%, indicating semiconductor leadership rather than a broad market surge.