🟢 SMHX is trading 3.8% up today as semiconductor stocks bounce after recent selloffs

SMHX is trading at $53.54 (3.8% up) as semiconductor names bounce after recent selloffs driven by AI-spending concerns and China competition.

• Global chip stocks are stabilizing following steep declines in Samsung and SK Hynix and broader tech volatility tied to Meta’s AI capex shock.
• The move appears sector-driven as major U.S. indices also trade higher, signaling a broader recovery in technology shares.