Nasdaq Futures Surge on AI Enthusiasm as Micron Leads Gains

Nasdaq futures led S&P in pre-market trading on August 17, 2026, as AI enthusiasm boosted growth stocks.

The Nasdaq 100 futures rose 0.52%, outpacing the S&P 500's 0.13% increase by a factor of four, while Dow futures slipped 0.17%.

Micron Technology gained 3% amid renewed attention on AI and memory demand, with Amazon and Alphabet also rising 1.2% and 0.6%, respectively.

Private AI firm Anthropic's forecast of $190 billion to $200 billion in revenue for 2028 lent support to the rally, as investors identified areas where investment and results are becoming evident.