SMGB.L is trading 5.4% higher today as the semiconductor sector recovers from a recent selloff triggered by concerns over AI infrastructure spending and geopolitical tensions.
- The rebound follows strong earnings from Microsoft and cooling U.S. inflation data, which have eased investor fears regarding interest rates and the sustainability of AI investment.
- Investors are actively buying the dip in chip-related assets after several sessions of weakness in global semiconductor and AI-infrastructure indices.