SMH3.L is trading at $19.90 (+5.85%), with Micron’s bullish AI-demand outlook providing a semiconductor-sector catalyst. - Micron reported record fiscal Q4 revenue of $54.23 billion and forecast fiscal Q1 revenue of $61.5 billion, citing AI-driven demand. - Earlier uncertainty around OpenAI’s training pause had pressured chip stocks; the leveraged ETP’s gain is consistent with renewed optimism around AI-chip demand. - No volume data was provided.