Micron’s outlook lifted AI stocks across the board on Thursday, but a more sustained catalyst may not arrive until next year.

While AI stocks have sputtered in recent weeks, Micron Technology (NASDAQ:MU) keeps right on generating strong returns.

The knee-jerk reaction in markets was to sell yen on the fact and ‍the dollar popped as high as 156.19, later steadying at 156.00. The Nikkei held early gains of 1.2%, made largely on the back of a ...