Nasdaq futures jump 2% as Micron, Qualcomm forecasts relieve investors - Yahoo Finance

On June 25, 2026, Nasdaq futures surged over 2% as upbeat forecasts from chipmakers Micron and Qualcomm alleviated concerns about the AI investment cycle. Micron secured a $22 billion order for memory... Read original →

Micron and Qualcomm’s bullish outlook signals AI infrastructure’s shift toward memory-intensive architectures. Surging demand for HBM and LPDDR5X is forcing TSMC and Samsung to accelerate CoWoS and 3D packaging capacity, while pushing Western Digital and Seagate toward CXL-enabled memory pools and enterprise SSDs. Geopolitically, tightening U.S. export controls on advanced semiconductor equipment have raised compliance costs by 15–20% for assembly/test facilities in Taiwan, China and Hong Kong, China. In response to Micron’s $22B order, SK Hynix will likely fast-track HBM4 volume production, and NVIDIA may integrate custom memory controllers to reduce supplier dependency. Over the next 18 months, data center capex will pivot from GPU-centric to memory-compute co-optimized systems—vendors failing to lock in hyperscaler partnerships risk exclusion from the high-end supply chain.