Micron hits $600B market cap, rising to No. 13 among U.S. companies amid AI chip demand

Micron Technology's market capitalization surged past $600 billion, reaching $665 billion and propelling it to the 13th largest U.S. company by market value. This rapid rise is driven by strong demand for memory chips, which are critical for artificial intelligence development. Starting 2025 outside the top 100, Micron's growth highlights the tech sector's shift towards AI-related hardware. The company's position suggests continued influence in the tech market as AI expands.