🟢 SMHX is trading 1.56% up today after softer-than-expected July PPI

SMHX is trading 1.56% up at $59.72 as investors favor semiconductor and AI-infrastructure exposure.

• The broader risk-on session followed July PPI showing no monthly growth, below the expected 0.2% increase, while major indexes advanced.
• NVIDIA’s $500 billion financing initiative is supporting demand expectations across fabless-chip designers; NVIDIA represents 22.18% of SMHX’s holdings.
• No separate SMHX announcement was identified.