🟢 SMH3.L is trading 2.4% up today as semiconductor sector rebounds after AI rout

SMH3.L is trading 2.4% up today as the semiconductor sector stages a recovery following a steep sell-off on June 23, 2026, which was triggered by concerns over AI profitability and stretched valuations.

• The rebound is driven by a modest recovery in the underlying VanEck Semiconductor ETF (SMH) and firmer pre-market sentiment in U.S. equity futures.
• This 3x leveraged ETP is regaining ground after a global tech rout saw investors pull back from high-growth semiconductor stocks.
• Market participants are closely watching for sustained momentum as the sector attempts to stabilize after the recent AI-driven volatility.