SMH3.L is trading at $25.60, up 3.1%, reversing part of the sharp semiconductor selloff seen on July 14, 2026.
- The move reflects a rebound in chip-sector sentiment following a risk-off shift driven by Middle East geopolitical tensions and profit-taking in richly valued AI-related semiconductors.
- Futures point to a firmer market open, encouraging investors to re-enter high-beta semiconductor exposure.