Micron and SK Hynix join trillion-dollar club amid chip boom
Micron Technology and SK Hynix have joined the trillion-dollar market capitalization club, driven by the growing demand for high-bandwidth memory in AI applications. This surge in value has positioned them alongside Samsung Electronics, which crossed the threshold earlier in May. The memory chip market is now dominated by these three companies, which control approximately 90% of global supply.
- ▪Micron Technology briefly crossed the $1 trillion market capitalization threshold on May 26, 2026.
- ▪SK Hynix's shares have soared more than 200% year-to-date through mid-May 2026.
- ▪Together, Samsung, SK Hynix, and Micron control approximately 90% of the global memory chip market.
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Micron and SK Hynix join trillion-dollar club amid chip boom The memory chip oligopoly is now worth a combined $3 trillion, and AI's insatiable appetite for high-bandwidth memory is the reason. Share Add us on Google by Editorial Team May. 27, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Micron Technology briefly crossed the $1 trillion market capitalization threshold on May 26, after an 18% single-day surge triggered by a UBS…
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