SMHX is trading at $56.72, up +2.03% in pre-market, primarily driven by global market relief after August CPI matched forecasts.

  • SMHX is the VanEck Fabless Semiconductor ETF, gaining alongside broad technology and semiconductor sentiment.
  • Major indexes were up roughly 0.9%-1.0%, easing immediate inflation concerns after August CPI matched forecasts.
  • NVIDIA’s DOJ probe remains a sector risk but did not prevent the broader risk-on move.