SEMI is trading at $35.11 (+1.95%) in pre-market, staging a modest rebound following a 3.13% decline during the July 29 session.

  • The move aligns with a broader recovery in semiconductor names and higher NASDAQ futures as overnight risk appetite improves.
  • No company-specific catalysts were identified; the price action appears driven by market positioning ahead of key GDP and PCE data releases at 8:30 AM ET.