SMHX is trading 1.7% up in pre-market at $56.41 after broader semiconductor sentiment improved.
- Nasdaq Composite is up 0.56% in pre-market, supporting risk appetite for technology shares.
- Investor attention is focused on SK hynix’s record $29 billion buyback, which may be lifting confidence across AI-memory and semiconductor stocks, although no direct SMHX-specific announcement was found.
- SMHX remains below its August 12 close of $58.80 after several recent declines.