SMH.MI is trading at €91.85 (+3.01%) after NVIDIA earnings lifted semiconductor-sector sentiment.
- NVIDIA reported $96.2 billion in quarterly revenue, beating expectations and rising 106% year over year.
- NVIDIA’s post-earnings shares gained nearly 4%, improving sentiment across AI and semiconductor stocks; NVIDIA represents approximately 22.06% of SMH’s net assets.
- The move also aligns with stronger technology futures and firmer Asian tech markets following NVIDIA’s results.