🔴 PSI is trading 2.7% down today as semiconductor and memory-chip stocks weaken

PSI is trading 2.7% down at $136.29 as semiconductor and memory-chip stocks weaken broadly.

• Holdings include Micron, NVIDIA, Applied Materials, Lam Research, and AMD, exposing the ETF to the sector pullback.
• The NASDAQ Composite is down 0.80%; elevated August PPI keeps Treasury yields firm and pressures rate-sensitive growth stocks.
• No PSI-specific announcement was identified. PSI is an Invesco semiconductor ETF.