🟢 SEMI.AX is trading 3.9% up today on Micron-led sector rebound

SEMI.AX is trading 3.9% up today at $46.73 following a broad semiconductor sector rebound driven by strong earnings from Micron Technology.

• Micron Technology’s earnings beat and robust AI memory guidance have improved sentiment toward AI infrastructure plays.
• The move marks a sharp recovery for the ETF after recent sector-wide selloffs and volatility linked to AI valuation concerns.
• Renewed optimism in the chip industry is driving broad gains across the fund's global semiconductor holdings.