🔴 PSI is trading at 5.9% down today amid a sharp semiconductor selloff

PSI is trading at $122.39, down 5.9%, amid a sharp retreat in semiconductor shares.

• Lam Research fell after its results and outlook; reporting highlighted supply constraints and a lower expected China revenue contribution.
• Semiconductor and AI-related stocks also weakened in premarket trading. The Nasdaq was down more than 0.5%, adding to broader market pressure.
• No PSI-specific catalyst was identified.