SMHX is trading at $56.95, up +3.01%, benefiting from stronger AI-chip sentiment following NVIDIA’s results and outlook.
- NVIDIA reported $96.22 billion in second-quarter revenue and forecast $108 billion for the third quarter.
- Marvell’s potential $12.2 billion Google investment is reinforcing custom-AI-chip optimism.
- NVIDIA and Marvell represent 21.57% and 4.00% of net assets, respectively.