Micron Technology, Inc. (MU) joins the $1 Trillion Club

On May 26, 2026, Reuters reported that Micron Technology, Inc. (NASDAQ:MU) concisely surpassed a $1 trillion marketplace worth with shares jumping 17.4% to $881.6 aft rising arsenic overmuch arsenic 19.3% intraday. The surge came aft UBS lifted its terms people to $1,625 from $535, the highest among the 46 brokerages covering the firm, arsenic per LSEG data.

The determination brings to an extremity what Reuters described arsenic a “dizzying rally.” The shares climbed much than eightfold successful 12 months due to the fact that of beardown net and proviso constraints, giving it pricing power.

Image by drobotdean connected Freepik

“The request for axenic representation has accrued rapidly,” Art Hogan told Reuters, noting Micron Technology, Inc. (NASDAQ:MU) “sits astatine the center” of AI-driven demand.

Reuters said the company’s 2026 high-bandwidth representation proviso is already sold out. The next-gen HBM4 chips person entered production, showing tightening capableness arsenic information halfway concern accelerates.

Micron Technology, Inc. (NASDAQ:MU) is the U.S.’s largest representation chipmaker. It operates successful 4 concern units: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit.

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