🟢 Semiconductor ETF (SMGB.L) is trading 3.23% up today on stronger AI infrastructure spending expectations

SMGB.L is trading 3.23% up as renewed confidence in AI infrastructure spending lifts semiconductor stocks.

• Reports said Anthropic’s second-quarter revenue exceeded $11.5 billion, while memory and chip shares led broader technology gains.
• Applied Materials and Lam Research advanced, supporting a sector-wide move; Nvidia’s modest gain and sustained AI demand expectations reinforced sentiment.
• Middle East tensions and higher oil prices limited broader-market enthusiasm.