Tech stocks rebound ahead of Micron Q3 earnings results
Key takeaways
- Tech stocks rebound ahead of Micron Q3 earnings results Quartz · Bloomberg / Getty Images Cris Tolomia Wed, June 24, 2026 at 6:23 PM GMT+7 2 min read MU ^IXIC ^NDX ^GSPC QCOM U.S.
- Premarket futures showed the Nasdaq 100 climbing 0.5% and the S&P 500 edging up 0.1%, while contracts linked to the Dow Jones Industrial Average slipped 86 points, equivalent to a 0.2% decline.
- Among individual chipmakers, Micron and Sandisk — both of which had tumbled 13% on Tuesday — bounced back 4% and 3%, respectively, in premarket trade.
Tech stocks rebound ahead of Micron Q3 earnings results Quartz · Bloomberg / Getty Images Cris Tolomia Wed, June 24, 2026 at 6:23 PM GMT+7 2 min read MU ^IXIC ^NDX ^GSPC QCOM U.S. equity futures pointed to a partial recovery for technology stocks on Wednesday after a sharp two-day selloff in semiconductors, with investors watching for Micron Technology s earnings results after the market close.
Premarket futures showed the Nasdaq 100 climbing 0.5% and the S&P 500 edging up 0.1%, while contracts linked to the Dow Jones Industrial Average slipped 86 points, equivalent to a 0.2% decline. The Nasdaq Composite has declined 4% so far this week.
Among individual chipmakers, Micron and Sandisk — both of which had tumbled 13% on Tuesday — bounced back 4% and 3%, respectively, in premarket trade. The Roundhill Memory ETF (DRAM) recovered 4% after Tuesday s 14% drubbing. Qualcomm, off 8% the day before, added 2.24%, and Intel clawed back more than 1% following a 6% drop.