SMH3.L is trading at $16.28, up 8.44%, as semiconductor stocks rebound across the U.S. and Asia on renewed optimism over AI infrastructure demand following Nvidia’s outlook for chip sales to double in 2027.
- The Philadelphia Semiconductor Index gained 3.1%, while Nvidia rose approximately 2.5%.
- Risk sentiment improved after the Bank of Japan’s 25-basis-point hike was viewed as less hawkish than feared, supporting Asian equities and technology shares.