🟢 SEMI.AX is trading 3.1% up today amid a broader tech rebound and sustained AI-driven chip demand

SEMI.AX is trading at $46.39 (+3.07%) following a broader technology-led rebound and continued strength in the semiconductor sector.

• The move aligns with a 1.25% gain in the Nasdaq Composite on June 29, as large-cap tech outperformed amid a market-wide shift toward risk-on sentiment.
• Semiconductor ETFs continue to benefit from robust AI-driven chip demand, which has maintained elevated sector valuations throughout 2026.
• The price action appears to be a sector-wide re-rating rather than a fund-specific catalyst, fitting recent volatility patterns tied to growth and interest rate expectations.