🟢 SMGB.L is trading 3.07% up today as semiconductor shares rebound and NASDAQ futures rise

SMGB.L is trading at £79.62 (+3.07%) as semiconductor shares rebound following last week’s selloff linked to AI valuation concerns.

• The sector is recovering after previously being weighed down by TSMC’s higher capex guidance, with risk sentiment now improving across the industry.
• The ETF is also benefiting from a broader premarket bid in equities, supported by a rise in NASDAQ futures.
• The upward move appears to be driven by a sector-wide re-pricing rather than any fund-specific news or events.