🟢 SMGB.L is trading 3.2% up today as US-listed semiconductor stocks recover from early July selloff

SMGB.L is trading 3.2% higher today as investors buy into the recent dip following several sharp declines in early July.

• The move is driven by a sector-wide recovery in US-listed semiconductor stocks, benefiting the ETF's tracking of the MarketVector US Listed Semiconductor 10% Capped Screened index.
• The fund is seeing significant support from its heavy exposure to industry leaders including NVIDIA and TSMC.