On June 18, VanEck Semiconductor ETF (SMH) rose 3.23% in pre-market trading, trading at $644.35/share, with turnover of $4.5348 million. The fund recently hit a 52-week high of $649.24, reflecting sustained momentum in the semiconductor sector.

The rally is supported by a confluence of industry tailwinds. SEMI reported that Q1 global semiconductor equipment shipments reached a record $36.55 billion, signaling robust capital spending across the chip supply chain. Additionally, supply disruptions from key Japanese material suppliers have accelerated domestic substitution efforts globally, driving demand for semiconductor materials and advanced packaging technologies. The AI hardware and semiconductor theme has maintained strength for 13 consecutive trading days, with momentum spanning upstream materials through downstream chip design.

The fund normally invests at least 80% of its total assets in securities that comprise its benchmark index. The index includes common stocks and depositary receipts of U.S. exchange-listed companies in the semiconductor industry, including medium-capitalization and foreign companies listed on U.S. exchanges. The fund is non-diversified.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)