🟢 SMH3.L is trading 6.9% up today as chip stocks recover from a multi-day selloff

SMH3.L is trading 6.9% up today as semiconductor stocks rebound from a sharp multi-day selloff.

• The recovery is driven by strong mega-cap earnings and cooling U.S. inflation data, which have improved overall risk appetite.
• The move reverses a portion of the sector rout seen in July, reflecting broader strength across the technology landscape.
• As a 3x leveraged ETP, SMH3.L is amplifying the gains seen in the underlying semiconductor index during this relief rally.