SMHX is trading at $59.10, up +2.39% in pre-market, primarily because semiconductor sentiment is strengthening after Nvidia announced partnerships targeting more than $500 billion for AI infrastructure financing.

  • Nvidia and Broadcom are among SMHX’s largest holdings.
  • Broader risk appetite is supportive, with Nasdaq futures up 0.95% and the S&P 500 up 0.44%.
  • The move appears sector-driven rather than tied to a new SMHX-specific announcement.