AIBullishBlockonomi · Jun 17/10
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Micron (MU) Stock Soars Past $1 Trillion: What’s Fueling the Memory Chip Giant’s Epic Rally?
Micron Technology reached a $1 trillion market capitalization following strong Q2 financial results, with revenue tripling to $23.86 billion. The company's high-bandwidth memory (HBM) products are sold out through 2026, signaling robust demand for AI infrastructure chips, while analysts have set price targets around $1,625 per share.