🟢 SMGB.L is trading 3.1% up today as global chip stocks recover from an AI-driven selloff

SMGB.L is trading 3.1% up today as global semiconductor and technology shares recover from last week’s AI-driven selloff.

• Improved risk sentiment and rising Nasdaq futures are lifting the broader sector ahead of highly anticipated earnings reports from major tech and chip companies.
• The rebound follows recent downward pressure on semiconductors triggered by concerns over AI infrastructure valuations and TSMC’s heavy capital expenditure plans.