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Barchart
Barchart
Oleksandr Pylypenko

UNBELIEVABLE: Nasdaq futures climb on ai optimism | History Defined

March Nasdaq 100 E-Mini futures (NQH26) are trending up +0.59% this morning, signaling that a tech rally fueled by strong earnings from Taiwan Semiconductor Manufacturing Co., which revived optimism around AI, looks set to continue.

Also aiding sentiment, shares of memory chipmakers rallied in pre-market trading, led by a more than +6% gain in Micron Technology (MU) after the company disclosed in a regulatory filing that director Teyin Liu bought about $7.8 million worth of shares this week. SanDisk (SNDK) climbed over +5% and Western Digital (WDC) rose more than +4%.

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