Micron joins the trillion-dollar club; AI race fuels memory chip boom.

On TechFlow, May 26th, Micron Technology (MU.O) surpassed the $1 trillion market capitalization mark for the first time, experiencing a rapid surge that solidified its position as one of the top winners in the AI ​​boom among the largest U.S. memory chip manufacturers. Micron's stock price rose as much as 18% to a record high of $886.6. This followed UBS's significant price target increase from $535 to $1,625, the highest target price given by any of the 46 brokerages tracking the company, according to LSEG data. This milestone not only highlights the central role of memory chips in AI infrastructure but also reflects a broader shift in AI investment: after an initial rush to invest in graphics processor manufacturers, investors are now looking for companies that can benefit from the massive spending plans of tech giants. Samsung Electronics, the world's largest memory chip manufacturer, has already surpassed the $1 trillion market capitalization mark, and SK Hynix is ​​also approaching that level. (Jinshi)