Why was the Battle of Midway a turning point in the Pacific War?

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Pacific War U.S. troops advancing on Tarawa, Gilbert Islands, in 1943, during World War II.

The Battle of Midway, fought from June 3-6, 1942, was a pivotal turning point in the Pacific War because it marked the end of Japan's first-line carrier strength and naval pilot capabilities. This decisive naval defeat for Japan, the most significant since 1592, brought the naval forces of Japan and the United States to approximate parity. The victory allowed the Allies to cancel invasion plans for New Caledonia, Fiji, and Samoa, and Japan lost its strategic initiative. The battle highlighted the dominance of aircraft carriers in naval warfare, extending the range of naval combat significantly.1234