SMH3.L is trading at $15.37, up 4.84%, following a broad semiconductor rebound led by NVIDIA.

  • NVIDIA rallied 8.7% after reporting $96.2 billion in revenue and forecasting approximately 70% growth for the upcoming fiscal year, easing concerns about slowing artificial-intelligence infrastructure demand.
  • The resulting technology rally lifted chip-linked stocks and the Nasdaq, providing a strong sector-level catalyst for this leveraged semiconductor product.