SEMI.AX is trading at A$40.33, up 3.09%, as Micron’s results and stronger-than-expected outlook renewed confidence in AI-chip demand. - Micron and NVIDIA each represent about 11% of SEMI’s portfolio, making semiconductor-sector moves especially relevant. - The gain came despite pressure from elevated Treasury yields, which can weigh on growth stocks. Available evidence supports a sector-led explanation but does not establish individual holdings’ exact contribution to SEMI.AX’s move.