SMH is trading at $556.50 (+2.02%) as semiconductor stocks benefit from a sector-wide rebound and improved market risk appetite.
- The broader semiconductor sector is showing significant strength, with the SOXX up approximately 3.10% following Monday's tech-led market reversal.
- Gains are supported by firmer equity futures, lower oil prices, and easing geopolitical tensions, alongside positive sentiment ahead of the upcoming AMD earnings report.