🟢 Semiconductor ETF (SMH.MI) is trading 3% up driven by renewed AI-chip buying

SMH.MI is trading at €95.80 (+3.04%), driven by renewed AI-chip buying and broader semiconductor strength.

• Philadelphia Semiconductor Index advanced about 2.78%, extending its fourth consecutive gain.
• NVIDIA, Micron, and SanDisk led renewed buying across AI and memory-chip shares.
• Jensen Huang’s forecast for doubled chip sales next year revived confidence in AI infrastructure demand, while lower Treasury yields and broader technology-sector recovery supported semiconductor valuations.