SMH
Coverage of SMH in the Nexus archive.
- As chip sector takes it on the chin, traders bet on a big Nvidia rally
Nvidia shares rose despite a 5% decline in chip stocks tracked by the VanEck Semiconductor ETF (SMH). Traders are betting on a significant rally in Nvidia's stock amid the broader sector downturn.
- LatAm Pre-Open: Value Rally Lifts Brazil as Korea Rebounds
A rotation into value stocks followed a soft US jobs report, lifting Brazil and South Korea as healthcare, utilities, and staples sectors rallied. The Dow closed at a record 52,900, while chips fell for a third day (SMH −4.54%) as growth stocks underperformed.
- LatAm Pre-Open: Chip Rally Extends as Brazil Slips Again
The AI trade extended for a second day, with US chips surging as Nvidia, AMD, and Intel rose on strong guidance. The Nasdaq gained 1.52% while the Dow closed at a record, but Brazil's market slipped again.
- LatAm Pre-Open: Tech Roars Back as Brazil Pauses at Record
Global markets saw a surge in tech stocks, with the AI trade rebounding, SMH rising 3.33%, Tesla up 8.46%, and the Nasdaq gaining 2.07%. A risk-on relief rally driven by resumed US–Iran talks shifted investments back into growth stocks, reversing a prior move to defensive assets.
- LatAm Pre-Open: Brazil Extends Record Run as Chips Keep Sliding
Chip stocks declined due to rising AI costs, with the US chip group SMH falling -3.97%, while healthcare surged +3.03% as investors shifted to safer sectors. Brazil extended its record run amid mixed global market movements, with the S&P 500 and Dow down slightly.