🟢 SMHX is trading 2.68% up in pre-market after Google’s potential $12.2 billion Marvell investment

SMHX is trading 2.68% up in pre-market at $56.77 after semiconductor sentiment strengthened around Google’s potential investment in Marvell.

• Reuters reported that Marvell granted Google a warrant to purchase up to $12.2 billion of shares through an expanded custom-AI-chip partnership, supporting the fabless semiconductor sector.
• Nvidia’s strong results and broader technology-futures strength are adding momentum; as an ETF, SMHX’s catalyst is sector-wide rather than company-specific.