Micron $1 Trillion Market Cap Forecast
Micron has surpassed a U.S. market capitalization of $1 trillion. This event is not merely a numerical one, but a signal that the market is reflecting the possibility that demand for AI infrastructure will prolong the downturn in the memory market. UBS’s upward revision of its price target acted as a catalyst for the surge, while the expansion of long-term supply contracts underpins expectations for earnings stability. Investors must assess risks by focusing on the speed of demand and the supply structure. As of the closing price on May 26 (U.S. local time), Micron's market capitalization was approximately $1.1 trillion… Read more