🟢 SMH is trading 1.7% up today on Intel's AI packaging and Apple manufacturing deals

SMH is trading 1.7% up today as the semiconductor sector rallies following news of Intel's strategic partnerships with SK Hynix and Apple.

• Intel shares surged on news of a collaboration with SK Hynix for AI chip packaging and a preliminary agreement with Apple for U.S.-based chip manufacturing.
• Semiconductors are outperforming the broader market, with the NASDAQ up 0.33% as AI optimism remains a primary driver despite a lack of major macro data.