SMH3.L is trading 3.1% up today as the semiconductor sector rebounds from a recent risk-off selloff linked to Middle East tensions and profit-taking in AI-related chip names.
- Cooling U.S. inflation and stronger tech-led equity markets are improving risk appetite, lifting the underlying semiconductor index.
- The 3x leverage on this product is amplifying gains as investors return to high-growth AI-related chip stocks following a period of valuation adjustments.