Nasdaq and Russell 2000 hit fresh highs as Micron surges 18%. The iShares Semiconductor ETF jumped 4.8%, pushing year-to-date gains past 80%.

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…

UBS raised its target on Micron to a Street-high $1,625 from $535, arguing AI has structurally changed the memory market

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…

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…

U.S. stocks were higher, Nasdaq up 350 points. Micron stock rose on UBS's tripled price target. Other big gainers include BRAI, RDW, HTT, ATOM, TE, MOD, ORBS, YSS, ASTS, UMC, and…

Micron Technology, Inc. (MU) is currently at $881.33, up $130.33 or 17.35%

A global memory shortage driven by AI is spiking demand for chipmakers like Micron.

Nasdaq and Russell 2000 hit fresh highs as Micron surges 18%. The iShares Semiconductor ETF jumped 4.8%, pushing year-to-date gains past 80%.

Micron Technology hit a $1 trillion market cap after an 18% stock surge driven by a UBS price target upgrade and surging AI memory chip demand.

Micron Technology hit a $1 trillion market cap after an 18% stock surge, fueled by AI-driven demand for high-bandwidth memory and a 700% yearly gain.

The S&P 500 gained 0.61 per cent while the Nasdaq Composite gained 1.19 per cent, to 26,656.18. Read more at straitstimes.com. Read more at straitstimes.com.