SMH is trading 1.57% up in pre-market on September 11, 2026, after August CPI matched expectations at 3.4% annually, easing immediate inflation-surprise concerns and supporting higher equity futures.

  • Nasdaq Composite and S&P 500 futures were both up roughly 1%.
  • Elevated Treasury yields and oil above $100 per barrel restrained the move.
  • NVIDIA fell after regulatory pressure tied to the DOJ’s Groq licensing investigation, creating sector-specific headline risk.