Today: 3 July 2026
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NASDAQ:KLIC 20 November 2025 - 15 June 2026

SMH Hits Another High as AI Chip Stocks Rally Beyond Nvidia

SMH Hits Another High as AI Chip Stocks Rally Beyond Nvidia

• SMH traded above $646 around midday Monday, after finishing at $619.96 on June 12.• Lam Research, Marvell, Arm, ASML and Kulicke & Soffa extended their gains, building on last week’s chip rally.• Market strength continued as buyers stayed with AI infrastructure names. VanEck Semiconductor ETF surged Monday as SMH kept pushing to new highs. Buyers moved back into AI chip names after last week’s drop. SMH traded at $646.27 by 12:47 p.m. ET, up 4.2% on the day. The ETF hit $648.02 earlier. SMH closed at $619.96 on June 12, securing an 8.8% weekly jump according to 24/7 Wall St.

Stock Market Today

  • Liquidia (LQDA) jumps 10% on the week, outpaces medical sector
    July 3, 2026, 1:48 PM EDT. Liquidia Corporation (LQDA) gained 9.99% in the past week, well ahead of the 2.71% rise for the Zacks Medical - Biomedical and Genetics group. The stock holds a Zacks Momentum Style Score of A and a Zacks Rank #1 (Strong Buy), backed by strong earnings estimate changes and short-term price gains. LQDA has climbed 95.76% in the last quarter and is up 547.5% over the last year, both sharply ahead of the S&P 500, which rose 13.88% for the quarter and 21.37% over the year. Average daily volume stands at 2.57 million shares. Momentum investors have kept buying, with LQDA showing steady outperformance versus its sector and the broader market.
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