SMHX is trading 2.07% down now at $56.16 after semiconductor momentum weakened following Marvell Technology’s results.
- Marvell’s second-quarter results narrowly beat expectations but failed to impress investors; shares, up 184% in 2026, fell more than 8% premarket.
- Barron’s reported that the broader technology rebound was losing steam ahead of Federal Reserve Chair Kevin Warsh’s Jackson Hole speech, pressuring fabless-chip ETFs.