Tech-led premarket rally as Micron beats elevate AI bets; Qualcomm eyes data-center growth

1 min read
Source: Yahoo Finance
Tech-led premarket rally as Micron beats elevate AI bets; Qualcomm eyes data-center growth
Photo: Yahoo Finance
TL;DR

Tech stocks jump in premarket trading as Micron’s strong earnings calm AI jitters. Nasdaq-100 futures rise about 2.2%, S&P 500 futures up ~0.8%, and Dow futures inch higher (~0.1%) as Qualcomm’s AI-expansion plans add to sentiment. Investors await the Federal Reserve’s preferred inflation gauge, the PCE price index, which could shape expectations for rate moves.

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