The semiconductor sector is experiencing notable activity, with the Semiconductor ETF ($SMH) reaching its highest prices in over six months. This upward movement follows a period of consolidation lasting nearly six months, with the 200-day moving average serving as a key support level. Several major semiconductor stocks, including AMD, NVIDIA, Intel, and TSMC, have shown positive performance, contributing to this trend. Analysts are closely monitoring the $SMH for potential gaps, with 260 identified as a pivotal level, and the sector's performance remains a focal point for investors.