SMHX is trading at $56.50, up 1.61%, as semiconductor shares rise after SK Hynix reported record third-quarter revenue and operating profit.
- SK Hynix also outlined a large shareholder-return plan. Reuters said Nasdaq futures and memory-chip stocks rose, alongside Nvidia, AMD and Marvell.
- SMHX’s move follows a 3.88% gain on October 27, amid renewed enthusiasm for AI and chip stocks after Anthropic’s IPO filing.
- The Fed decision and major technology-company earnings remain in focus.