SMHX is trading at $46.75, up 4.42% in pre-market as semiconductor shares rebound after Thursday’s steep technology-led selloff.
- Reuters reported Nvidia and other chip stocks gained as Nasdaq futures climbed.
- The selloff reflected investor worries that tighter AI scrutiny could slow data-center construction after Democrats’ midterm wins.
- No clear SMHX-specific announcement was found; the move appears tied to the broader semiconductor rebound.