Micron hit a $1T market value for the first time on Tuesday as shares jumped 19%, driven by demand for its memory chips in the AI race (Samantha Subin/CNBC)

Techmeme ·

Micron reached a $1T market cap as AI memory demand drove a sharp share-price rally.

Categories: Money & Moves

Excerpt

<a href="https://www.cnbc.com/2026/05/26/micron-stock-trillion-market-cap.html"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260526/i29.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260526/p29#a260526p29" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Samantha Subin / <a href="http://www.cnbc.com/">CNBC</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.cnbc.com/2026/05/26/micron-stock-trillion-market-cap.html">Micron hit a $1T market value for the first time on Tuesday as shares jumped 19%, driven by demand for its memory chips in the AI race</a></b></span>&nbsp; &mdash;&nbsp; Micron topped a $1 trillion market value for the first time on Tuesday as shares popped 19%, driven by insatiable artificial intelligence demand for its memory chips.</p>