U.S. Stock Premarket Key Briefing: Micron CEO Says AI Has Completely Disrupted the "Memory Boom-Bust Cycle"

Odaily News U.S. stock premarket briefing: Key market highlights investors should watch are as follows:

1. The three major U.S. stock index futures edged higher. Dow Jones futures rose 0.64%, S&P 500 futures gained 0.51%, and Nasdaq 100 futures climbed 0.74%.

2. International oil prices fluctuated within a narrow range. WTI crude oil futures rose 0.22% to $87.022 per barrel; Brent crude oil futures gained 0.28% to $94.047 per barrel.

3. International spot gold and silver strengthened across the board. Spot gold rose 1.30% to $4,577.85 per ounce; spot silver gained 1.84% to $69.32 per ounce.

4. Europe's three major indices ticked higher. The UK FTSE 100 rose 0.20%, France's CAC40 gained 0.20%, and Germany's DAX30 climbed 0.34%.

5. Micron's CEO stated that AI is fundamentally reshaping the memory industry's outlook, creating a more durable source of demand for memory chips. He added that current customer demand exceeds what Micron can commit to supply by approximately 50%.

6. OpenAI has launched a new feature that allows users to control Apple's iMessage service via ChatGPT on Mac. Industry observers believe this feature could directly compete with Apple's Siri AI, which is expected to launch next month.

7. Anthropic plans to roll out a new security system for its Claude chatbot later this year. The system will still retain enterprise customer data for 30 days but will allow data to be stored on enterprises' own cloud servers.

8. Musk's latest announcement suggests that the plan to recover the Starship upper stage may be delayed by several months, with the next Starship test flight potentially occurring at the end of this year or early next year.

9. Musk stated that SpaceX aims to launch approximately 10,000 missions per year by 2030, and that SpaceX's revenue growth by the end of the 2030s will far exceed 2,000%.

10. A Manhattan bankruptcy court has postponed approval of Google's $10 million acquisition of Spirit Airlines' data.

11. Bank of America noted that Treasury Secretary Bessent's buyback plan is akin to "quasi" quantitative easing, and if it fails to bring the 30-year Treasury yield below 5%, it could fuel bearish bets on risk assets.