SMH3.L is trading at $30.00 (+39.71%) as semiconductor-related ETFs are lifted by a sharp sector rebound following recent selling in AI and chip stocks.
- The move is driven by a renewed risk-on response to Nvidia-led sentiment and heavy trading volume across the semiconductor group.
- Chip names are significantly outperforming broader indices as investors rotate back into the sector after recent tech weakness.
- The rally aligns with broad semiconductor strength and market stabilization rather than a single-fund-specific catalyst.