SMHX is trading at $54.88, down 2.64%, alongside broad tech-market weakness.
- The Nasdaq Composite is down 1.52% in the supplied market context.
- Semiconductor sentiment is also under pressure after Samsung shares fell despite record results, as investors weighed earnings expectations and AI-spending concerns.
- SMHX is a fabless-semiconductor ETF, with NVIDIA, Broadcom, and AMD among its largest holdings; no direct SMHX-specific catalyst was found.