SMH is trading at $558.30, down 1.65% in after-hours trading amid a 2.14% Nasdaq decline, consistent with pressure on growth-oriented technology stocks.
- In the regular session, SMH closed at $567.67, up 1.74%, as record SK Hynix results and AI-memory demand lifted chip sentiment.
- Microsoft beat earnings expectations, and its shares rose more than 4% after the bell.
- Available evidence does not identify a clear semiconductor-specific trigger for SMH’s after-hours drop.