🟢 Power Integrations is trading 5.2% up today as semiconductor stocks rebound on AI optimism

Power Integrations is trading at $73.08 (+5.24%) in pre-market as the stock rebounds sharply alongside a broader rally in the semiconductor sector.

• The move aligns with a strong pre-market bid in chips, with the SOXX up 4.64% as sentiment improves on renewed AI-demand optimism.
• No company-specific catalyst was identified; the price action appears sector-driven, reversing a recent 4.1% decline linked to broader industry weakness.