🟢 Semiconductor ETF (SMH) is trading 1.84% up in after-hours trading as contagion fears may ease

SMH is trading at $556.40, up 1.84% in after-hours trading; no specific earnings catalyst is confirmed.

• The broader chip backdrop remains volatile amid concerns about financing AI infrastructure. JPMorgan’s report that banks have limited exposure to CoreWeave debt may have eased contagion fears as investors await major technology earnings.
• META, TSLA, and TXN were scheduled to report October 21 after market close, so those results were unavailable as a driver of this move.