SEMI.AS is trading 5.84% higher today following a powerful rebound in AI-linked chip names and a strong market reaction to Micron’s Q3 earnings.

  • The fund’s gain aligns with a broader semiconductor bounce after a recent AI-driven selloff, signaling renewed investor confidence in the sector.
  • Strength in Micron and Qualcomm’s after-hours earnings is lifting the entire semiconductor complex, specifically benefiting names tied to AI memory and data-center chips.
  • The recovery marks a significant shift in sentiment as optimism returns to the global semiconductor supply chain.