In simple harmonic motion (SHM), the speed of a particle at half of its maximum speed occurs at a specific displacement. The discussion uses a pendulum clock analogy to illustrate this concept. At maximum displacement, the particle's velocity is zero, while at the vertical position, it reaches maximum velocity due to minimal potential energy. To find the displacement where the speed is half of the maximum, one must consider the conservation of energy between kinetic and potential forms. Understanding these principles allows for calculating the exact displacement in SHM scenarios.