Micron Technology earnings report could stabilize AI and semiconductor stocks

Global equity markets and tech stocks are rebounding or remaining steady as investors await Micron Technology's earnings report. This announcement is viewed as a pivotal test for the sustainability of the artificial intelligence rally and could stabilize volatile semiconductor stocks. While the Nasdaq 100 previously declined, US equity futures are edging higher. Simultaneously, SK Hynix plans a $30 billion US listing to address memory chip demand, while oil prices decline amid ongoing US-Iran talks.