🟢 PSI is trading 1.65% up in pre-market after semiconductor stocks recovered from August 24 selloff

PSI is trading 1.65% up at $136.27 after semiconductor stocks recovered from the sharp August 24 selloff.

• Reuters reported that U.S. technology stocks rebounded overnight as investors awaited Nvidia’s August 26 earnings and inflation data.
• Firmer U.S. equity futures supported the sector rebound, with the Nasdaq higher in pre-market trading; Nvidia, Intel, AMD, and Marvell advanced.
• No PSI-specific announcement or earnings catalyst was identified.