🟢 PSI is trading 2.2% up today as chip stocks rally

PSI is trading at $147.54, up 2.19%, alongside stronger semiconductor shares.

• AMAT, LRCX, MU, and INTC were among the stronger semiconductor shares.
• A softer-than-expected July jobs report increased expectations for Federal Reserve rate cuts, supporting growth stocks; Reuters reported chip stocks advanced as investors assessed the data.
• No company-specific PSI announcement was identified for August 7, 2026; the move appears primarily sector-driven.