Investors are keenly watching Micron Technology’s upcoming earnings report for crucial insights into the ongoing AI-driven stock market rally. Despite recent market jitters, the semiconductor sector’s robust demand and significant spending on data centers are fueling optimism. This report will be a key indicator of whether the current surge in chip demand and related profits can sustain its impressive momentum, offering a vital pulse check for the market’s AI-fueled ascent.
Concurrent Gainers: LIC of India, Adani Enterprises among 15 stocks that gained for 5 straight trading sessions
Over the five trading sessions ending on June 19, the benchmark Sensex gained 1.69%, rising 1,275 points to close at 76,802. The index finished higher