🟢 SMH is trading 1.5% up today on Gartner's $1.3T global semiconductor revenue forecast

SMH is trading 1.5% up today on Gartner's forecast of $1.3 trillion in global semiconductor revenue by 2026, fueled by a 64% surge in AI demand.

• The sector is outperforming the broader market (NASDAQ up 1.14%) as Gartner predicts the strongest growth in decades due to record AI infrastructure needs.
• Tech resilience remains high despite oil spikes from the Strait of Hormuz blockade and Iran tensions, with Oracle's 10.2% surge providing additional tailwinds.