PSI is trading at $141.00 (1.7% down) in after-hours trading as investors lock in gains following a sharp rebound during the regular session.
- The ETF recently bounced alongside semiconductor peers following last week’s heavy sector selloff, but cautious sentiment regarding AI chip valuations is tempering the recovery.
- There are no new fund-specific headlines driving the decline, suggesting the move is primarily driven by broader market profit-taking after the recent rally.