🔴 SMHX is trading 2.07% down in after-hours trading after Broadcom's revenue outlook fell below target

SMHX is trading 2.07% down now at $53.78 after Broadcom’s $34.8 billion quarterly revenue outlook fell slightly below Wall Street’s approximately $35 billion target, pressuring fabless semiconductor ETFs.

• Broadcom reported strong AI-chip growth, but the outlook prompted a roughly 6% after-hours drop.
• Broadcom represents 16.15% of SMHX’s holdings, making the ETF particularly sensitive.
• On September 3, 2026, the broader market was positive, so weakness appeared primarily sector-specific.