🟢 SMHX is trading 1.91% up in pre-market after cooler-than-expected July producer inflation

SMHX is trading at $60.07, up 1.91%, after cooler-than-expected July producer inflation reinforced expectations for steady Federal Reserve policy.

• U.S. stocks finished higher on August 13, with the Nasdaq gaining 0.81%.
• Sandisk and other technology stocks rallied on softer inflation data, supporting broader semiconductor strength.
• No fresh SMHX-specific announcement or earnings catalyst was identified overnight.