GXAI.AX is trading 3.1% up today, driven by a broad AI and semiconductor rally.

  • On September 21, AMD rose roughly 10% and Meta surged 11.4% after enthusiasm around its Muse AI assistant.
  • The Nasdaq reached a record high as falling Treasury yields and lower oil prices improved risk appetite.
  • The Philadelphia Semiconductor Index gained 4.29%, suggesting the advance is broader than a single-company catalyst and explaining GXAI.AX’s September 22 move.