Micron has reached a significant milestone, crossing $1 trillion in market value for the first time. This achievement highlights the company's strong performance. Its shares saw a substantial increase. This surge is linked to a brokerage firm raising its price target significantly. Micron is now recognised as a major beneficiary of the ongoing AI boom.

AI's memory chip boom just minted another trillion-dollar company.

May 26 : Shares of Micron Technology climbed about 14.2 per cent in early trading on Tuesday after brokerage UBS sharply raised its target price for the stock citing stronger AI…