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stocksJun 25, 2026, 7:25 AM

Micron Results Boost AI Trade as Markets Eye US PCE

Micron's earnings report lifted tech sentiment after a couple of red days, reigniting the AI trade as markets await US PCE data.

MU

Micron Technology (MU) single-handedly helped underpin market sentiment after its earnings report landed after the US close yesterday. The chipmaker's results come following a couple of red days for tech stocks, and the market's response has been positive, reigniting the AI trade. Markets are now looking ahead to the US PCE data, which could influence broader market direction.

Source: FXStreet Forex News