🟢 SMH is trading 1.5% up today on Intel's Q1 earnings beat and AI chip demand

SMH is trading 1.5% up today driven by Intel's strong Q1 2026 earnings beat and surging demand for AI-driven semiconductors.

• Intel shares jumped nearly 20% in after-hours trading after reporting $13.6 billion in revenue and $0.29 EPS, both exceeding analyst estimates.
• Broader Nasdaq futures are up 0.58-0.64%, supporting the semiconductor-heavy ETF as geopolitical tensions stabilize.