🟢 Semiconductor ETF (SEMI.AS) is trading 3.17% up as chip stocks rebound after Monday’s rout

SEMI.AS is trading at $21.49 (+3.17%) as semiconductor shares rebound after chip stocks led Monday’s market rout.

• Premarket gains included Micron (+1.57%) and SK Hynix (+1.43%).
• The PHLX Semiconductor Index was up 1.70% at 9:48 a.m. ET.
• Investors are positioning ahead of Micron’s Wednesday earnings, a key test of memory pricing and AI-related chip demand.