SMH3.L is trading at $15.39, up 4.48%, amid a rebound in Asian chipmakers.

  • South Korean chipmakers and TSMC advanced after recent losses.
  • The preceding selloff followed competition concerns after China’s CXMT reported progress in denser DRAM technology, pressuring Micron and the wider semiconductor sector.
  • CPI is due later on October 14, while elevated oil prices kept broader risk sentiment cautious.