SEMI.AX is trading at A$35.88 (+3.01%) as global semiconductor shares rally.
- The Philadelphia Semiconductor Index rose 3.4%, while Micron gained more than 6%.
- Asian semiconductor shares extended the rally on September 7, with South Korea’s KOSPI up 3.33% and SanDisk, SK Hynix, and Micron sharply higher.
- Nvidia’s US$3.5 billion MediaTek investment and expanded AI-chip collaboration reinforced optimism around AI infrastructure demand.