SMGB.L is trading about 3.1% higher as semiconductor stocks rebound from the sharp early-July selloff.

  • The fund tracks the MarketVector US Listed Semiconductor 10% Capped Screened index, benefiting from broad strength in major US-listed chip names.
  • Key holdings including Nvidia, TSMC, Broadcom, and AMD are recovering as investors buy the dip and sentiment stabilizes across the sector.
  • The move reflects a stabilization in the semiconductor industry following a period of heightened volatility earlier this month.