🟢 Semiconductors ETF (SMH3.L) is trading 3.70% up on September 22, 2026, driven by AMD’s trillion-dollar valuation

SMH3.L is trading at $20.41 (+3.70%) as semiconductor shares extend the September 21 AI rally, driven by AMD surpassing a $1 trillion valuation.

• The Philadelphia Semiconductor Index gained 4.29%; Nvidia, TSMC and Micron advanced.
• Falling oil prices and Treasury yields are supporting risk appetite and improving the financing outlook for AI infrastructure spending.
• Meta’s strong AI-agent reception is reinforcing expectations for sustained hyperscaler chip demand.