SMHX is trading 2.14% up at $59.81 as fabless semiconductor shares recover.
- Technology futures support the move, with Nasdaq futures up 0.54% as chip stocks strengthened ahead of the August 7 jobs report.
- The rebound appears sector-driven, with no major SMHX announcement identified; trading remains active during the August 7 session.
- SMHX advanced from the August 6 close of $58.76, while recent gains and pullbacks reflect sensitivity to AI-chip valuations and semiconductor sentiment.