May 26 : Micron Technology briefly topped $1 trillion in market value for the first time on Tuesday, crowning a dizzying rally that has cemented the U.S.'s largest memory chipmaker as one of the standout winners of the AI boom.Micron's shares were last up 17.4 per cent at $881.6 after rising as much as 19.3 p

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

UBS analyst Timothy Arcuri triples Micron's price target to $1,625 from $535, citing AI-driven demand for high-bandwidth memory and projected EPS above $100 through 2029.