Technology stocks led gains across global equity markets after strong revenue growth at artificial intelligence company Anthropic strengthened expectations that heavy investment in AI infrastructure will remain strong.
Nasdaq 100 futures climbed 0.5% in premarket trading, while semiconductor and data-storage companies recorded notable gains. SanDisk and Micron were among the stocks rising ahead of the market open.
Investors appeared encouraged by Anthropic’s revenue performance, viewing it as a sign that demand for AI products and services remains robust despite growing debate over the huge sums technology companies are committing to artificial intelligence.
The rally extended beyond major technology firms to companies supplying the chips, memory and storage infrastructure needed to power AI systems.
At the same time, the US dollar slipped to a three-month low, adding to broader shifts across global financial markets as investors reassessed economic and monetary policy expectations.
The latest market moves underscore how developments in the rapidly expanding AI sector continue to influence investor sentiment and drive demand for technology-related assets.