SMGB.L is trading at £76.60, down 3.63%, as higher energy prices and a global bond selloff lift inflation and interest-rate concerns, pressuring growth-oriented chip valuations.

  • Friday’s technology-sector selloff and broader risk-off backdrop keep semiconductor shares under pressure.
  • Micron’s 9.9% premarket rebound offers some offset, but its approximately 11% portfolio weight is insufficient to counter weakness across the diversified semiconductor basket.
  • Major holdings include NVIDIA, Micron, AMD, TSMC, Broadcom, and ASML.