🟢 Semiconductor ETF (SMH.L) is trading 3.13% up on September 29, 2026, as chipmakers rebound

SMH.L is trading at $115.28, up 3.13%, as semiconductor shares rebound after Monday’s broad sector selloff.

• The Philadelphia Semiconductor Index fell 1.40% at the September 28 close.
• AI infrastructure demand and positioning ahead of Micron’s Wednesday earnings are supporting chipmakers; the report is viewed as a test of AI-memory demand.
• Broader markets are mixed, making the move appear more sector-specific than a broad risk-on rally.