SMH is trading 1.7% higher today as investors react to semiconductor supply chain headlines and steady risk appetite in U.S. futures.
- The looming Samsung strike and TSMC’s stake sale are stoking supply-chain and pricing expectations that could benefit U.S.-listed chipmakers.
- Broader Nasdaq futures strength and ongoing enthusiasm around AI infrastructure demand ahead of Nvidia’s earnings are supporting the sector’s rebound after last week’s volatility.