PSI is trading at $132.96, up 2.40%, primarily as semiconductor shares rebound.
- SOXX gained roughly 1.5% premarket; reports that Intel and SK Hynix are discussing U.S. memory manufacturing supported chip sentiment.
- Broader risk appetite also helped, with the S&P 500 up 0.86% and Nasdaq Composite up 1.15%.
- No clear PSI-specific announcement was identified; stronger broad-market futures and easing yields reinforced the move.