🟢 SMH3.L is trading 6% up today as semiconductor stocks stabilize following AI-driven selloff

SMH3.L is trading 6% up today as the semiconductor sector stabilizes following last week’s sharp AI-driven valuation selloff.

• The move reflects a partial recovery in the underlying VanEck Semiconductor exposure after heavy pressure from concerns over high capex and stretched AI infrastructure valuations.
• The 3x leveraged ETF is rebounding as global tech risk-off sentiment cools, allowing chip stocks to regain ground after recent volatility.