June 24 : Shares of chipmakers surged late on Wednesday, adding over $400 billion in market value after strong forecasts from Micron Technology and Qualcomm breathed fresh life into Wall Street's recently waning AI stock rally.Micron surged 12 per cent in extended trade after forecasting quarterly earnings ab

Micron Technology shares fell 13% ahead of its fiscal Q3 earnings report, dragging the semiconductor sector lower as investors reassess AI spending growth.

(Bloomberg) -- A drop in chipmakers ahead of Micron Technology Inc.’s earnings weighed on stocks, with the results expected to provide clues on whether this year’s…