Asian stocks rallied with US equity futures after Micron Technology Inc.’s blowout sales outlook reignited confidence in the artificial-intelligence trade.
Contracts for the Nasdaq 100 were up almost 2% while those for the S&P 500 rose 0.5%. South Korea’s Kospi benchmark surged nearly 5% in early trading and the broader MSCI Asia Pacific Index jumped more than 1%. Micron, the largest US maker of computer memory chips, soared about 15% after the market close as its quarterly sales forecast crushed Wall Street estimates, signaling that an AI-fueled growth run remains strong.
