0925 GMT - Stocks linked to the build-out in artificial intelligence continue to rally premarket. Investor confidence around AI returned in the last session following a selloff earlier this week. AI adoption still exceeds expectations, UBS analysts write, with signs of tight supply supporting the AI supply chain. Intel shares rise 2.3%, while chip-making peers Sandisk and Micron Technology rise 1.6% and 1.1%, respectively. Power groups tied to the build-out in AI also gain premarket, with GE Vernova and Caterpillar both up 1%. More broadly, Nasdaq futures rose 0.5%.
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