Micron Technology's market capitalization surged to about $1.19 trillion as of June 2, 2026, driven by a 263% stock rise in 2026 and strong fiscal Q1 revenue of $13.64 billion. The company's AI-memory business boosted margins and sales, pushing it close to Meta's $1.32 trillion valuation. Micron's Q2 guidance remains robust, with revenue expected around $18.7 billion and gross margins expanding further. The upcoming Q3 earnings report will be critical in determining if Micron can sustain this growth and surpass Meta.
In 2026, five small-cap stocks in the Russell 2000 index have each gained more than 400%, significantly outperforming major players like Micron and Dell, which rose about 260%. Four of these companies supply key components for AI infrastructure, incl...
Intel sold its NAND memory business to SK hynix for $9 billion in 2021 to focus on CPUs and foundry services. However, the AI boom has transformed memory into a critical and scarce resource, especially high-bandwidth memory (HBM), essential for AI in...
Micron Technology's stock has surged past $1,000 due to strong demand for its high-bandwidth memory chips used in AI servers and data centers. ChatGPT forecasts the stock could reach around $1,165 by June 30, 2026, assuming strong earnings and contin...
In May, three ALPS ETFs—ACES, OGIG, and DTEC—each gained more than 10%, driven by a shift from traditional energy to technology sectors. The ALPS Clean Energy ETF (ACES) led with a 19.4% gain, reflecting strong interest in renewables amid a decline i...
Micron Technology and South Korea's SK Hynix both surpassed $1 trillion in market value, joining Samsung as leaders in the semiconductor memory chip sector. This milestone reflects soaring demand for high-bandwidth memory (HBM) driven by AI infrastru...
