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News in English (USA) / 28.05.2026 / 17:00

Micron Technology Joins the $1 Trillion Market Cap Club Amid AI Chip Boom

Micron Technology has made headlines after reaching a $1 trillion market capitalization, marking a significant milestone for the Idaho-based chip maker. This surge is attributed to the unprecedented demand for AI memory chips, positioning Micron alongside other industry giants like SK Hynix and Samsung in the trillion-dollar club. Analysts have raised their price targets for Micron, reflecting confidence in its growth prospects despite concerns about potential valuation issues. Meanwhile, Nvidia’s performance serves as a cautionary note for investors in the memory sector, highlighting the volatile nature of the tech market. As stock prices continue to soar, some analysts warn that the current enthusiasm may signal a market peak.
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