🔴 SMHX is trading 2.5% down in pre-market amid a broad semiconductor pullback

SMHX is trading at $54.29, down 2.48%, after a broad semiconductor pullback tied to rising Treasury yields and risk-off sentiment.

• Chipmakers and the VanEck Semiconductor ETF also fell more than 1% pre-market.
• A global bond selloff included Japan’s 10-year yield reaching 3%, while major U.S. indices were lower.
• No clear SMHX-specific announcement or earnings catalyst was identified; the move appears primarily global and sector-driven.