Asian stocks today: Kospi jumps 5%, Nikkei 225 up 1% after Micron's strong earnings

Asian markets rallied on 25 June after Micron Technology issued a quarterly revenue forecast that significantly exceeded Wall Street expectations, with shares surging nearly 15% in after-hours trade. South Korea's Kospi jumped over 5% at the open with SK Hynix up more than 10% and Samsung Electronics up around 5%, prompting authorities to activate the Sidecar stabilization mechanism. Japan's Nikkei 225 gained 1.28% while the MSCI Asia Pacific Index rose over 1%, supported by declining oil prices with Brent crude slipping below $74 per barrel and easing inflation worries ahead of the US Fed's preferred inflation indicator.