PSI is trading at $155.00, up 1.66%; firmer semiconductor sentiment after Micron’s results is a plausible backdrop, not a confirmed direct cause, of the pre-market gain.

  • No PSI-specific announcement explaining the move was found.
  • Micron reported record fiscal Q4 revenue of $54.23 billion and strong Q1 guidance. Reuters said the results signalled strong demand for AI memory chips.
  • Reuters reported commitments under long-term supply agreements rose to $32 billion from $22 billion in June.