🟢 SEMI.AX is trading 3.9% up today on semiconductor sector rebound after Micron earnings beat

SEMI.AX is trading about 3.9% up, rebounding with the broader chip sector after a sharp AI-related selloff earlier in the week.

• The move is driven largely by Micron Technology’s strong earnings and AI memory guidance, which lifted sentiment across semiconductor names and AI infrastructure plays.
• The rally helps offset recent market concerns regarding the long-term profitability and sustainability of the AI boom.