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Micron Passes $1 Trillion as AI Memory Demand Sends Shares Soaring

Micron Technology crossed $1 trillion in market value for the first time Tuesday, as shares climbed 19% on rising demand for memory chips used in AI systems. It was Micron’s largest single-day gain since 2011. The rally came after UBS sharply raised its price target for Micron…

Source: The Information · Opens in new tab