U.S. stock futures rise as tech stabilizes, Micron earnings in focus

AI Market Summary
US equity futures stabilized, led by Nasdaq, as investors rotated back into tech and memory-chip names ahead of Micron's earnings, a key read-through for AI infrastructure demand. The rebound follows a sharp selloff tied to hyperscaler capex concerns and a potentially more hawkish Fed, with FedWatch pricing rising odds of an additional 2026 hike. PCE inflation data is the next catalyst, keeping risk sentiment constructive but restrained.
Impact level
● Medium
Affected assets
NCSKNVDA2USD/USDT+0.79%
AI Insight · NCSKNVDA2USD/USDTAI Insight
● Neutral
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Micron Technology is set to report earnings after the close on Wednesday, with markets expecting strong results amid sustained demand for AI server memory. The stock fell 13% in a single session but is still up 268% this year. Shares of fellow memory-chip maker SanDisk rose 2.9% in premarket trading. Nasdaq futures led gains among the major index futures, up 0.30%, signaling a clear rebound in sentiment toward tech stocks.