🟢 Semiconductor ETF (SMH) is trading 1.52% up today as chip stocks rebound

SMH is trading at $609.12 (+1.52%) in a rebound from its September 28 close of $600.01.

• On September 28, semiconductor shares faced AI-demand worries and broader pressure from higher oil prices and Treasury yields.
• There is no clearly verified fresh sector-wide catalyst for the September 29 morning gain.
• The prior session’s sharp AMD rally and strength in technology shares offer possible support; Nvidia-specific buyback news is another positive chip-sector backdrop.