🔴 Semiconductor ETF (SMH) is trading 2.02% down as Samsung’s chip-profit miss weighs on chip stocks

SMH is trading at $558.37 (-2.02%) as Samsung’s chip profit missed lofty expectations.

• Investors lacked fresh shareholder-return details, weighing on memory-chip sentiment.
• Alphabet’s weak results and rising AI spending revived doubts about returns; Nvidia, AMD and Intel traded lower premarket.
• A broader tech selloff added pressure, with Nasdaq futures down about 1% as investors awaited inflation data.