🟢 Semiconductor ETF (SMH) is trading 1.52% up in pre-market as U.S. futures rise and oil eases

SMH is trading at $535.22, up +1.52% in pre-market, as higher U.S. equity futures and easing oil appear to support a broad rebound.

• Nasdaq futures were up 0.54%, while oil eased roughly 2%.
• Semiconductor signals were mixed: reports described continued pressure on AI-linked chips ahead of major tech earnings, while NVIDIA was modestly higher pre-market.
• No clear sector-specific overnight catalyst explains SMH’s gain.