🟢 SMH is trading 2.6% up today as semiconductor stocks rebound from AI-driven selloff

SMH is trading 2.6% up today as semiconductor stocks bounce back from last week's sharp AI-driven selloff.

• Investors are selectively buying beaten-down chip names following valuation-driven declines and skepticism over AI infrastructure returns.
• Sentiment is supported by anticipation that massive AI datacenter buildouts, including Oracle’s $500 billion Stargate project, will sustain long-term chip demand.
• The sector-wide recovery reflects a broader improvement in risk sentiment as markets open higher.