#Ai_sector Micron's results were upbeat and lifted tech momentum even as bond yields rose. Chip strength showed up in Asia as well: the Nikkei rose 3.1% on chip and AI stocks, and South Korea's September exports jumped 83.5% year on year. One analyst flagged a caution, noting that Micron's receivables were outrunning sales, and its last three earnings reactions were mostly negative over the following five sessions.$AAPL.US
Why it matters: Demand for data-center memory looks strong, but a strong print doesn't guarantee the stock holds its gains.