🔴 SMHX is trading 3.1% down today as chip stocks fall on rising oil prices

SMHX is trading 3.1% down at $57.45 as semiconductor shares weakened alongside a broader risk-off market.

• Reuters reported chip stocks including AMD and Marvell fell 2%-5% as fading U.S.-Iran peace prospects lifted oil prices and Treasury yields.
• SMHX’s fabless-chip holdings are sensitive to higher-rate valuation pressure; the Nasdaq Composite is down 0.88%.
• No clear SMHX-specific announcement was identified for August 18, 2026.