SEMI.AX is trading at A$37.10 (+3.06%) as AI and semiconductor stocks rallied broadly.
- AMD gained about 10% and reached a $1 trillion market value, while the Philadelphia Semiconductor Index jumped 4.3%.
- Falling oil prices and retreating Treasury yields improved risk appetite; constructive U.S.-China talks supported technology shares.
- The move reflects sector-wide semiconductor strength, not an isolated SEMI.AX-specific announcement.