🟢 Semiconductor ETF (SMH3.L) is trading 3.46% up despite broader semiconductor weakness

SMH3.L is trading at $13.36, up 3.46%, with the alert reflecting a rebound amid broader semiconductor weakness.

• SMH3.L is designed to deliver 3x the VanEck Semiconductor ETF’s daily return, amplifying sector moves.
• Chip stocks fell amid worries higher borrowing costs could make AI infrastructure investment harder to finance; hotter-than-expected U.S. inflation reinforced rate concerns.
• TSMC shares fell despite record profits, and its CEO flagged macroeconomic uncertainty. The alert price reflects a rebound, not the earlier reported decline.