Micron hits $1 trillion market cap for the first time

TECH

Micron hits $1 trillion market cap for the first time as stock surges 18%

KEY POINTS
  • Micron topped a $1 trillion market value for the first time on Tuesday.
  • Shares popped after UBS nearly tripled its price target on the stock.
  • Micron is among a new group of chipmakers benefitting from the shift to agentic AI.

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