MU, ZS, RDW, LUNR, AMD were among the stocks seen trending on Tuesday, May 26, 2026.

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

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%

UBS raises Micron Technology's price target to $1,625 from $535, the highest on Wall Street, as AI-driven high-bandwidth memory demand surges.

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%.

Shares of technology companies rallied on optimism about chip stocks.

S&P 500 and Nasdaq hit fresh record highs, while Dow lagged and finished with slight losses.

MU, ZS, RDW, LUNR, AMD were among the stocks seen trending on Tuesday, May 26, 2026.

Micron (MU) hits a historic $1T market cap as AI memory demand sparks a massive rally. See what's driving the tech giant's surge.

S&P 500 and Nasdaq futures pointed higher Wednesday as a chip rally extended and oil prices fell on Iran truce hopes