Micron achieved a $1 trillion market cap as its stock soared 19%, fueled by booming AI-driven demand for memory chips and UBS's tripled price target projection.

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…