US Stocks | Nasdaq futures surge 2% as chip outlook calms AI jitters; inflation data awaited (opens original article in a new tab)

US stock futures rose on AI demand optimism from Micron and Qualcomm, while investors await inflation data and oil prices fell.

• Nasdaq futures surged 2.24% due to strong AI demand forecasts from Micron and Qualcomm
• Micron and Qualcomm stocks rose 18% and 11.5% respectively in pre-market trading
• U.S. inflation data awaited as key factor for future market movements
• Oil prices fell to levels before the Iran war, boosting market sentiment
• Philadelphia SE Semiconductor Index on track for strongest quarter on record
• Nasdaq faces its biggest monthly decline since March 2025 despite