SMH is trading at $548.00, down -2.43% versus the regular-session close, as Intel’s weaker-than-expected fourth-quarter outlook pressures semiconductor shares. - Intel reported after the close. - Marvell fell on reported Lumentum acquisition talks, which raised financing and integration concerns. - Alphabet’s results and AI-spending concerns added pressure amid a broader technology pullback; Samsung’s chip-profit miss had already weighed on memory sentiment.