Micron Technology, Inc.

(NASDAQ:MU) stock rose in Tuesday's premarket session as investors returned to semiconductor stocks amid improving market sentiment and a broader rebound across technology names.

Nasdaq futures gained 0.70%, while S&P 500 futures advanced 0.44%.

The semiconductor sector also strengthened, with the iShares Semiconductor ETF (NASDAQ:SOXX) rising about 2% after posting a roughly 6% gain in the previous session.

The move follows last week's sharp pullback in AI-related chip stocks.