March 21 (Reuters) - The tech-laden Nasdaq led Wall

Street higher on Thursday as chip stocks rallied following

Micron Technology's upbeat forecast, while investors took

comfort in the Federal Reserve sticking to its three-rate-cut

view for this year.

The Dow Jones Industrial Average rose 148.90 points,

or 0.38%, at the open to 39,661.03.

The S&P 500 opened higher by 28.81 points, or 0.55%,

at 5,253.43, while the Nasdaq Composite gained 147.83

points, or 0.90%, to 16,517.24 at the opening bell.