Micron and Qualcomm's strong forecasts spark a $400 billion AI chip rally as demand for AI hardware, HBM memory, and data center infrastructure remains robust.

Micron Technology crushed Q3 estimates with $41.5B in revenue and guided Q4 to $50B, far above consensus, lifting US stock futures on renewed AI confidence.

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…