🟢 Semiconductor ETF (SMH) is trading 1.8% up as Anthropic IPO filing lifts semiconductor shares

SMH is trading at $551.36 (+1.80%) as renewed confidence in AI spending after Anthropic’s IPO filing helped lift semiconductor shares.

• The Philadelphia Semiconductor Index rose 2.82% overnight. Samsung Electronics and SK hynix also rallied, extending the rebound into the session.
• The advance follows recent selling and is supported by improving sentiment toward AI demand. With the broader market mixed, the move appears sector-led.