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Micron and SK Hynix both hit $1 trillion valuations amid booming AI memory chip demand.

Market News
27 May 2026
Piero Cingari
View Source
Bullish
pluang ai news

Micron Technology and SK Hynix have each surpassed $1 trillion in market value due to soaring demand for high-bandwidth memory (HBM) chips driven by AI infrastructure growth. SK Hynix currently leads with a larger HBM market share and stronger ties to Nvidia, but Micron is rapidly closing the gap with strong revenue growth and strategic U.S. production expansions. Both companies are key players in the AI memory race, with Wall Street closely watching which will dominate the next phase of AI chip innovation.

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