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Chip stocks rallied in after-hours trading Wednesday after Micron Technology (MU.O) reported results and guidance above expectations; its shares rose about 15% after hours and were roughly 270% YTD at Wednesday’s close. Qualcomm (QCOM.O) also rallied

2026-06-25

Chip stocks rallied in after-hours trading Wednesday after Micron Technology (MU.O) reported results and guidance above expectations; its shares rose about 15% after hours and were roughly 270% YTD at Wednesday’s close. Qualcomm (QCOM.O) also rallied, gaining as much as 15% after management at an investor day outlined an expanded AI/data-center push and said its data-center chip expansion will deliver "billions of dollars" of revenue in the fiscal year beginning in October.

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Three-month copper prices on the London Metal Exchange (LME) fell to $13,260 per tonne, a new low since May 6, down 0.8% on the day.

Three-month copper prices on the London Metal Exchange (LME) fell to $13,260 per tonne, a new low since May 6, down 0.8% on the day.
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