PSI is trading $153.38 (+1.60%) after broad semiconductor-sector buying and stronger risk appetite.

  • Cooler July PPI and CPI reduced expectations for near-term Federal Reserve tightening.
  • The Philadelphia Semiconductor Index rose 2.49%, while Nvidia gained 3.03%.
  • PSI followed its prior session’s 4.00% gain, indicating continued momentum in chip and AI-infrastructure exposure.