🟢 Semiconductors ETF (SMH3.L) is trading 4.93% up after August 18 sector selloff

SMH3.L is trading at $17.25, up 4.93%, amid high volatility and rebound positioning following the August 18 semiconductor sector selloff.

• The Philadelphia Semiconductor Index fell 4.98% on August 18, with all 30 constituents declining.
• Rising Treasury yields, elevated oil prices, Middle East uncertainty, and concerns about expensive AI valuations remain key drivers of semiconductor risk sentiment.