🟢 Semiconductor ETF (CHIP.SW) is trading 3.34% up on Micron’s record revenue and AI demand optimism

CHIP.SW is trading at $138.52 (+3.34%) as Micron’s record fiscal Q4 revenue and above-consensus outlook renewed optimism about AI-related chip demand.

• Micron reported record fiscal Q4 revenue of $54.23 billion.
• The results lifted semiconductor shares across Asia, supporting the sector broadly rather than pointing to a single ETF-specific event.
• Broader U.S. markets were also higher, while elevated Treasury yields remain a potential headwind.