SMH.MI is trading up about 6.2% as semiconductor shares rebound sharply, extending a sector-wide recovery that began on August 4, 2026.
- The move is driven by a risk-on rally in global equities and supportive U.S. futures, lifting technology shares as investors rotate back into growth-sensitive sectors.
- Easing Middle East tensions have pushed oil prices lower, providing additional tailwinds for the broader market recovery.