PSI is trading at $125.01 (down 3.4%) as weakness in semiconductor and AI-related names persists following a sharp global chip-sector sell-off and concerns over the sustainability of AI infrastructure spending.

  • The move extends recent declines, with the instrument pressured by broader semiconductor volatility and AI-spending worries highlighted in prior trading sessions.
  • There are no new, company-specific catalysts reported to be driving the current price action.