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Deepwater Asset Management Managing Partner Gene Munster breaks down Micron earnings on "Bloomberg The Close." He says hyperscalers will grow faster for longer than investors expected.

Micron Technology Inc. delivered a sales forecast that topped Wall Street estimates after AI-fueled shortages of components sent prices soaring. Revenue is projected to be $50 billion for the fiscal fourth quarter. Earnings come in at $25.31. Matt Bryson of Wedbush Securities reacts.

Micron, which will publish earnings after the bell, has become one of the most important stocks in the world. Shares are up nearly 300% this year. Investors want to see what the memory-chip maker tells them about the AI rally. Bloomberg's Ed Ludlow breaks down what to look out for.

JPMorgan Global Research Chair Joyce Chang discusses the outlook for technology stocks, explaining why she thinks the AI capex-beneficiary story "remains one that's still very much intact." Speaking on Bloomberg Television, Chang says retail flows indicate "there is still a sentiment to buy the dips."

UBS Chief European Equity Strategist and Head of Derivates Gerry Fowler discusses the factors behind the tech selloff and where he sees value in markets. "You're going to get volatility this isn't the first time we've seen this," Fowler tells Bloomberg Television. "It's an artifice of market structure that I suspect is not going away."

South Korean stocks tumbled from a record high as investors sold off chip heavyweights on renewed concern that the rally has become overstretched. The Kospi closed down 10%, with losses extending after a 20-minute trading suspension by the Korea Exchange. Bloomberg's Neil Campling has the latest.

US Commerce Secretary Howard Lutnick outlined concerns to ASML's senior leaders that one of its top-of-the-line machines may have made its way into China, in violation of US-led export restrictions. ASML has pushed back on Lutnick's suggestion, explaining that none of its extreme ultraviolet lithography machines are in China, according to people familiar with the talks. Bloomberg's Neil Campling reports.

US President Donald Trump said Intel will work alongside Apple to design and produce semiconductors domestically. Ed Ludlow reports on "Bloomberg Open Interest."

Plurimi Wealth Chief Investment Officer Patrick Armstrong says he sees value in the artificial intelligence supply chain, stocks such as Micron, Samsung and Nvidia. "We're underweight the Magnificent Seven the hyperscalers those are the companies that are spending a trillion dollars over the next 12 months on AI datacenters," Armstrong tells Bloomberg Television. "And we own the companies they're giving the money to."

ASML Holding NV CEO Christophe Fouquet says the demand for AI infrastructure is still "enormous" and discusses the potential for data centers in space. Speaking during an interview on Bloomberg Television, Fouquet also says the company has to make sure it doesn't experience supply constraints when servicing new projects such as on Elon Musk's Terafab.