🟢 Semiconductor ETF (SMH3.L) is trading 11.22% up after Asian chip stocks strengthened

SMH3.L is trading at $19.57 (+11.22%), reflecting a sharp rebound in semiconductor exposure after recent sector weakness.

• Asian chip stocks strengthened on August 12, with Samsung Electronics and SK hynix helping lift the KOSPI more than 2% in early trading.
• Firmer Nasdaq futures supported risk appetite.
• The upcoming CPI report, elevated oil prices, and Intel’s $20 billion stock offering remain important volatility risks.