Asian markets surged, mirroring US futures, as Micron Technology's stellar sales forecast reignited AI trade confidence. The chipmaker's shares jumped significantly after projecting robust future demand, easing concerns for regional bourses. This optimism, coupled with falling oil prices, provided much-needed relief. Investors are also watching the dollar's strength and Treasury yields, which have seen notable shifts.

Asian markets saw a cautious rebound Wednesday after a significant tech-led global selloff, reigniting worries about the AI rally's sustainability. South Korea's Kospi surged, led…

(Bloomberg) -- A measure of calm returned to equity markets after a selloff in top-performing technology names, with Micron Technology Inc.’s earnings taking on added significance…