🟢 SEMI.AX is trading 3.9% up today on Micron’s strong earnings and upbeat AI-memory guidance

SEMI.AX is trading 3.9% higher today, rebounding from recent sector weakness after Micron Technology’s strong quarterly results and optimistic AI-memory guidance lifted sentiment across the semiconductor industry.

• The upbeat outlook from Micron has helped spark a broader recovery in technology shares and Nasdaq futures.
• The rally marks a significant turnaround for chip stocks, which had faced pressure during recent trading sessions.
• Investors remain focused on AI-driven demand as a primary catalyst for the semiconductor sector's growth trajectory.