Global equities gained as technology stocks rallied following strong revenue growth at artificial intelligence company Anthropic, reinforcing investor confidence that major spending on AI infrastructure will continue.
Nasdaq 100 futures rose 0.5%, while shares of storage and semiconductor companies, including SanDisk and Micron, advanced in premarket trading.
The gains came as investors responded positively to signs of sustained demand for AI technologies and the infrastructure required to support them. The strong performance at Anthropic has helped ease concerns that the massive investments being made by technology companies in artificial intelligence could slow.
Meanwhile, the US dollar fell to a three-month low, adding another major development to global financial markets as investors assessed the outlook for interest rates, technology spending and economic growth.
The latest market moves highlight the continued influence of the AI boom on global equities, particularly semiconductor and data-storage companies that supply critical components for AI systems.
