🔴 SMHX is trading 2.19% down in pre-market after Broadcom’s earnings-driven selloff pressured semiconductor ETFs

SMHX is trading 2.19% down at $53.69 after Broadcom’s post-earnings decline weighed on the fabless semiconductor group.

• Broadcom represents 16.15% of SMHX’s holdings, amplifying sector sensitivity.
• Broadcom beat quarterly estimates, but investor reaction remained negative.
• Mixed equity futures and Middle East tensions added broader caution.