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Micron Fuels AI Rally Amid Tight Memory Supply-Demand Conditions

Guavy AI Editorial Team
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NKE
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Nasdaq and S&P 500 futures were mixed early Thursday, while Dow and Russell 2000 futures dipped 0.4%.

The focus was on AI-linked stocks after Micron Technology posted a blowout quarter and reported tight memory supply-demand conditions into fiscal 2027 and 2028.

Other notable movers included Oracle, Alphabet, Meta Platforms, Synopsys, Constellation Energy, Nike, Tesla, Rocket Lab, AST SpaceMobile, SpaceX, Paramount Skydance, Warner Bros. Discovery, Robinhood, Toast, DoorDash, Eli Lilly, Corvus Pharmaceuticals, and Intellia Therapeutics.

Accenture Plc and McCormick & Co. were also set to report earnings.

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