SMH3.L is trading at $19.30, up 4.03%, as the sector-driven semiconductor rebound extends after the sector’s sharp August 4 advance.
- Investors are selectively rebuilding exposure to AI-linked chips, despite concerns about expensive AI infrastructure and upcoming U.S. employment data.
- August 6 coverage highlighted continued semiconductor volatility and uncertainty around AI spending returns, supporting a high-beta rebound in this 3x leveraged ETP.