🟢 Semiconductor ETF (SMH3.L) is trading 7.22% up as Asian chipmakers lead rebound

SMH3.L is trading at $18.87 (+7.22%), reflecting a broad semiconductor-sector rebound led by Asian chipmakers.

• South Korean chipmakers led Asian markets higher, with SK hynix up more than 7% and Samsung Electronics more than 5%; overnight U.S. AI and semiconductor gains reinforced the rally.
• The August 12 U.S. CPI report showed July headline inflation up 3.4% year over year, matching expectations and reducing immediate concerns about further Fed tightening.
• Strong CoreWeave and Super Micro Computer results added momentum to the AI infrastructure and chip complex.