Micron closes above $1T in market value for first time
Micron Technology has achieved a significant milestone by closing with a market capitalization exceeding $1 trillion for the first time. This achievement was driven by a substantial upgrade from UBS and strong demand for high-bandwidth memory chips. As a result, Micron joins an exclusive group of companies that have reached this valuation, including Nvidia and Apple.
- ▪Micron's stock closed above $1 trillion in market value on May 26, 2026.
- ▪UBS upgraded its price target for Micron from $535 to $1,625, reflecting the high demand for high-bandwidth memory chips.
- ▪Micron's HBM capacity is sold out through the end of 2026, with recent quarterly revenue approaching nearly $2 billion.
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Micron closes above $1T in market value for first time A massive UBS price target upgrade and insatiable AI demand for high-bandwidth memory chips propelled the chipmaker into the trillion-dollar club. Share Add us on Google by Editorial Team May. 26, 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 just did something it’s never done before.
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