SMHX is trading at $63.13, up 2.24%, as Micron’s record fiscal Q4 results and stronger-than-expected outlook buoy semiconductor-sector sentiment.
- Micron reported $54.23 billion in revenue and forecast $61.5 billion for the next quarter; reports also described gains across chipmakers.
- The move is sector-led, with no reported SMHX-specific announcement.
- Nvidia, Broadcom, and AMD together made up about 38% of SMHX’s assets as of September 29, giving the ETF significant exposure to chip-sector gains.