SMH.MI is trading at €104.78 (+3.02%) as Micron’s better-than-expected results and upbeat outlook reinforced expectations for strong AI-related memory demand.

  • Micron reported Q4 revenue of $54.23 billion and forecast Q1 revenue of $61.5 billion.
  • On October 1, U.S. chip stocks rallied: the Philadelphia Semiconductor Index was up 1.59%; easing Treasury yields from intraday highs also offered some relief to equities.
  • The quote is marked live despite the stated pre-market timestamp; it is not a confirmed October 2 closing price.