PSI is trading 1.5% up at $147.55 in after-hours trading as sentiment across the semiconductor sector begins to stabilize following recent volatility.
- The modest rebound follows a sharp 3.26% decline during the regular session, which was triggered by broader weakness in chip and AI-related names.
- The recent sector-wide pressure stems from investors reassessing industry valuations and future capital expenditure plans.
- Market analysts note the recovery lacks a specific company catalyst, suggesting the move is tied to a broader correction in sector sentiment.