SMHX is trading at $55.08 (+2.44%) in pre-market as semiconductor stocks rebound from Monday’s selloff.
- U.S. futures strengthened as technology shares recovered.
- Investors positioned ahead of Nvidia’s August 26 earnings report; Reuters reported Nasdaq 100 futures up 0.75% and identified the move as a technology rebound.
- The gain appears sector-driven rather than tied to a new SMHX-specific announcement.