🟢 Semiconductor ETF (SMH3.L) is trading 3.42% up as chip shares rebound after last week’s sell-off

SMH3.L is trading at $12.86, up 3.42%, as semiconductor and AI-infrastructure shares rebound in pre-market trading after last week’s sell-off. - Intel rose over 4% pre-market after a JPMorgan upgrade; Micron also gained. - Broader U.S. equity futures were higher, while NASDAQ Composite futures were up 1.14%, supporting risk appetite. The rebound follows concerns about debt-financed AI infrastructure, higher borrowing costs, inflation and rate-hike risks; it remains a volatile recovery, not evidence those concerns have disappeared.