🟢 SEMI.AX is trading 3.1% up today as chip stocks rebound on soft U.S. inflation data

SEMI.AX is trading 3.1% higher as semiconductor names recover from an AI-valuation-driven selloff and softer-than-expected U.S. inflation data boosts risk appetite.

• A cooler June U.S. CPI print has improved interest rate expectations, providing broad support for growth and technology sectors.
• Investors are rotating back into semiconductor stocks following a period of profit-taking and concerns regarding the sustainability of AI spending.
• The recovery marks a reversal from the prior session's losses as market sentiment shifts back toward the chip sector.