The Nasdaq-100 is seeing significant gains, primarily driven by a rally in semiconductor stocks following Micron Technology's (MU) strong quarterly earnings report and optimistic forecast. [1, 5] The company's results, which beat analyst expectations, are being fueled by soaring demand for memory chips used in AI data centers. [1] This positive news is lifting sentiment across the tech sector, particularly for other chipmakers and companies exposed to the artificial intelligence theme. [3, 4]