🟢 Semiconductor ETF (SMH3.L) is trading 14.7% up on October 6, 2026, as chip shares rallied

SMH3.L is trading at $23.00, up 14.71%, as semiconductor shares rallied during the October 5 session.

• The SOX gained 2.4%, while Nvidia and Broadcom rose about 2%.
• Broader AI-chip optimism and strong chip-demand expectations supported the sector.
• SMH3.L targets 3× daily semiconductor exposure, which can magnify underlying moves; the cited sector rise does not fully explain its substantially larger gain.