PSI is trading 2.65% up at $137.61 after semiconductor stocks recovered from the August 24 selloff.
- Reuters reported technology stocks rebounded as investors awaited Nvidia’s August 26 earnings and inflation data.
- No company-specific announcement was identified today; broader semiconductor sentiment appears to be the main catalyst.
- The Nasdaq Composite is up 0.67%, while trading remains sensitive to Nvidia’s results and upcoming macroeconomic data.