🟢 PSI is trading 3.99% up today as AI memory shortages worsen

PSI is trading 3.99% up at $134.54 as semiconductor shares benefit from stronger risk appetite and tightening AI memory supply.

• The Nasdaq Composite is up 1.28% and S&P 500 is up 0.85%.
• Intel warned September 16 that AI-driven HBM shortages are worsening; memory prices are rising five- to sevenfold, while limited capacity is delaying projects.
• The catalyst is sector-wide rather than company-specific; PSI is an Invesco semiconductor ETF.