SMH.L is trading at $107.18, up 3.16%, as semiconductor sentiment improves following NVIDIA's August 26 earnings.

  • NVIDIA reported $96.2 billion in revenue, above expectations, while forecasting approximately $108 billion for the next quarter; its shares rose more than 4% after initially falling.
  • Stronger technology futures and firmer Asian tech markets are lifting the broader AI and semiconductor complex.
  • With no scheduled U.S. economic releases, sector sentiment is the primary catalyst.