Micron Hits $1 Trillion in 48 Trading Days From $500 Billion, Fastest on Record
Micron Technology reached a $1 trillion market value for the first time after an 18% share surge carried the memory-chip maker into an elite group of companies worth at least $1 trillion. The climb from $500 billion to $1 trillion took just 48 trading days, the fastest such run on record.
The rally followed UBS raising its price target on Micron to a Street-high $1,625 from $535, arguing that artificial-intelligence demand for memory chips and long-term pricing agreements could make the company’s earnings less cyclical. The gain has also lifted Micron’s market capitalization above Berkshire Hathaway’s, underscoring how strongly investors are revaluing companies seen as critical to AI infrastructure.
From the sources (25 posts)
@alojohMicron casually eyeing another 6%.
@cnbcThis semiconductor stock rose 700% in the past year. UBS says it still could double
@firstsquawkMICRON SHARES EXTEND GAINS TO RISE AS MUCH AS 6.8%
@firstsquawkMICRON PT RAISED TO $1,625 FROM $535 AT UBS
@ftr_investors$MU Micron jumped +7% in pre-market after UBS raised its price target from $535 to $1,625 🚀 UBS believes long-term AI memory agreements with hyperscalers could make Micron’s earnings much more stable 💾 The firm now sees more than 100% ups
@wallstengineUBS Raises $MU PT to $1,625 from $535, Maintains Buy Rating Analyst comments: "With LTAs now firmly in place across most of the industry, we are again raising C2027-2029 estimates and expect EPS to remain comfortably >$100 throughout the p
@stocksavvyshay@VanquishTrader Huge for $MU and Samsung as well
@ecommercesharesUBS dropped a new $1,625 PT on $MU “With LTAs now firmly in place across most of the industry, we are again raising C2027-2029 estimates and expect EPS to remain comfortably >$100 throughout the period, with MU generating over $400B in
@ecommerceshares“We believe the market will start to put a more "normal" multiple on the stock and MU will continue to re-rate higher as more details emerge about the structural changes Al has driven to the entire memory complex. Our supply chain work on L
@alojohMicron up over 8%. We correctly adviced our subscribers not to take profit. Bullseye (as usual) 🎯
@alojohMicron doing casually another 9% 😅
@firstsquawkMICRON SHARES RALLY 12% IN BIGGEST INTRADAY JUMP SINCE MAY 8
@ftr_investorsWhich of these two memory giants will be the first to reach a $1 trillion market cap? 🤔📈 🇰🇷 SK hynix $HXSCL 🇺🇸 Micron Technology $MU
@bloombergtvUBS raised its price target on Micron to a Street-high view of $1,625, up from $535. Mandeep Singh has more
@alojohMU has become the top traded stock globally even beating Nvidia and Tesla in dollar amount traded.
@polymarketNEW: Micron Technology stock soars +15%.
@deitaone$MU - MICRON TECHNOLOGY HITS $1 TRILLION MARKET VALUE FOR THE FIRST TIME
@stockmktnewzJUST IN: Micron $MU just crossed over a $1 Trillion market cap for the FIRST TIME EVER
@thelonginvest$MU is up +18% A company at $999 Billion Market Cap Not normal times!
@brewmarketsMicron has gained $155 billion in market cap today.
@ftr_investors$MU That's fast. It's Micron! 🚀
@hedgeyeBREAKING: Micron Technology $MU market cap tops $1 trillion
@wallstengineMICRON $MU OFFICIALLY JOINS THE $1 TRILLION MARKET CAP CLUB
@brewmarketsMicron just hit a $1 trillion market cap.
@negligible_cap$MU just joined the $1T market-cap club. Stock had a $100B market cap just 1 year ago. Unbelievable