U.S. stock futures traded higher as investors reacted positively to inflation data that aligned with expectations, while strong earnings from Micron helped reignite optimism across the AI and semiconductor sectors. Market Overview The Nasdaq led premarket gains as technology stocks outperformed, supported by renewed confidence in artificial intelligence spending. The S&P 500 and Dow futures also moved higher, while the VIX declined, reflecting improving market sentiment. Meanwhile, Treasury yields eased, crude oil prices continued to retreat, and Bitcoin extended its gains. AI Stocks Lead the Rally Micron Technology delivered stronger-than-expected earnings and issued upbeat guidance, reinforcing the view that AI-driven demand remains strong. The company also highlighted continued strength in memory markets, boosting confidence across the semiconductor industry. The positive outlook lifted several AI-related stocks, including Qualcomm, Sandisk, and Western Digital, as investors rotated back into technology. Inflation Meets Expectations The latest Core PCE inflation report, the Federal Reserve's preferred inflation measure, came in largely in line with expectations. The report eased concerns about a hotter-than-expected inflation reading and supported broader risk appetite. Markets will continue monitoring upcoming economic data for further clues on the Fed's policy outlook. Oil Prices Continue to Ease Crude oil prices remained under pressure as concerns over Middle East supply disruptions continued to fade. Lower energy prices are helping improve overall market sentiment and could ease future inflation pressures. Apple Raises MacBook Pro Prices Apple announced price increases for select MacBook Pro models, citing higher chip costs. The move reflects continued cost pressures within the semiconductor supply chain. Market Outlook Overall, today's market tone remains constructive, driven by: Strong AI and semiconductor momentum. Inflation data that met expectations. Lower oil prices and easing Treasury yields. Improving overall investor risk sentiment. Investors will be watching whether the technology-led rally continues throughout the trading session while monitoring additional economic data and Fed commentary.