Micron and Qualcomm Lift Chipmakers Amid Rapid AI Growth
AI Summary
Shares of semiconductor companies Micron Technology Inc. and Qualcomm surged after Micron's strong financial report highlighted rapid growth driven by artificial intelligence. The AI sector continues to be a key growth vector in the chipmaking industry.
Shares of semiconductor stocks are soaring in extended trading on Wednesday, following a strong financial report from Micron Technology Inc. that underscored how artificial intelligence remains a major vector for growth.