Tech ETF (SMH) is trading 0.7% up today, tracking modest gains in broader U.S. equities and continued strength across the semiconductor and AI ecosystem.
- AI-infrastructure optimism remains a key tailwind, boosted by Dell’s significant AI server backlog and Samsung’s industry-first HBM4E AI memory shipments.
- Risk appetite is improving as major indices trade at record highs amid easing Middle East tensions and firmer macroeconomic sentiment supporting demand for leading chipmakers.