SMHX is trading 2.69% up at $57.54 as semiconductor stocks extended their rally amid strong AI-chip demand and persistent HBM shortages.
- Overnight Nasdaq futures strengthened as falling oil eased inflation concerns; Nvidia rose about 1%, supporting fabless-chip exposure.
- Reuters reported Nasdaq futures led Wall Street higher on September 18, 2026; HBM shortages continue pressuring AI-chip supply.
- No SMHX-specific catalyst was identified; the move is best attributed to sector momentum and broader risk-on sentiment.