🟢 Semiconductor ETF (SMH.MI) is trading 3.3% up on Micron’s record revenue and stronger outlook

SMH.MI is trading at €105.07, up +3.30%, as Micron’s results reinforced expectations for robust AI-memory demand.

• Micron reported record revenue of $54.23 billion and a stronger-than-expected $61.5 billion outlook, lifting semiconductor sentiment.
• The weak September jobs report eased rate-hike concerns and Treasury yields, supporting growth stocks; semiconductor funds advanced alongside major chipmakers.