SMHX is trading 1.97% up at $54.83 as semiconductor stocks rebound from the August 24 selloff.

  • The move aligns with broader technology-sector strength and investor positioning ahead of Nvidia’s August 26 earnings report.
  • Reuters reported that U.S. technology stocks recovered as markets focused on Nvidia’s results and the outlook for AI-driven chip demand.
  • No SMHX-specific announcement was identified.