🟢 SEMI.AX is trading 4.06% up today on AI memory demand and bullish Micron outlook

SEMI.AX is trading higher at A$36.38 (+4.06%) following a powerful rebound across global semiconductor ETFs driven by renewed enthusiasm for AI-related memory demand.

• The sector is being lifted by a sharp rally in major chip benchmarks such as SOXX and leveraged semiconductor funds.
• A bullish analyst call on Micron, which has a double-digit weighting in the ETF, is pulling the broader chip complex higher.