5h ago
Asian stocks climb as Micron’s upbeat outlook lifts US futures
Micron Technology jumped about 15% after the market close after its quarterly sales forecast beat Wall Street estimates, signaling sustained AI-driven demand for high-bandwidth memory and data-center chips. The strength in US futures helped lift Asian equities, with South Korea’s Kospi up nearly 5% in early trading and the MSCI Asia Pacific Index up more than 1%. SK Hynix also said it plans a US listing and is seeking about $29 billion in the offering.