🟢 SMH is trading 2.5% up today on Samsung reaching a $1T valuation and surging AI chip demand

SMH is trading 2.5% up today as semiconductor demand surges following Samsung Electronics reaching a $1 trillion valuation on booming AI chip orders.

• Samsung shares jumped as much as 12%, becoming the second Asian firm after TSMC to hit the $1T milestone.
• Broader tech sentiment is bolstered by NASDAQ futures rising 0.72% and earnings beats from sector peers AMD and SMCI.
• Market momentum remains strong following yesterday's record highs, supported by cooling JOLTS labor data.