NVIDIA Corp.
(NASDAQ:NVDA) stock rose more than 1% in Thursday's premarket session as investors welcomed strong results from Micron Technology Inc.
(NASDAQ:MU), reinforcing optimism about continued spending on artificial intelligence infrastructure.
The broader market also supported sentiment, with S&P 500 futures gaining about 0.7% ahead of the opening bell.
Micron Results Lift AI Chip Sentiment Micron reported adjusted third-quarter earnings of $25.11 per share on revenue of $41.46 billion, beating Wall Street expectations.
