{"id":72431,"date":"2026-05-26T22:18:33","date_gmt":"2026-05-26T22:18:33","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/72431\/"},"modified":"2026-05-26T22:18:33","modified_gmt":"2026-05-26T22:18:33","slug":"micron-tops-1-trillion-in-market-cap-as-ubs-sees-company-becoming-an-ai-giant-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/72431\/","title":{"rendered":"Micron tops $1 trillion in market cap as UBS sees company becoming an AI giant"},"content":{"rendered":"\n

Micron (MU<\/a>) had its best day since 2011 on Tuesday, closing at a record high \u2014 its 28th of the year \u2014 after UBS more than tripled its price target on the memory chipmaker<\/a> to a Street high of $1,625, arguing that the AI boom has structurally changed the market for memory.<\/p>\n

The new target is up from $535 and implies roughly 115% upside from Micron\u2019s Friday close of $751. UBS analyst Timothy Arcuri wrote that the market should start putting a more \u201cnormal\u201d multiple on Micron as investors get more evidence of the changes AI has driven across the memory complex.<\/p>\n

The stock surged past the $886.74 level that valued Micron at $1 trillion, making it the 11th-largest US public company by market value<\/a>, behind Eli Lilly (LLY<\/a>) and ahead of Walmart (WMT<\/a>).<\/p>\n

UBS is not just raising numbers. It\u2019s also arguing that AI has changed the way investors should value the company.<\/p>\n

Micron has historically traded like a cyclical memory stock, with investors worried about boom-and-bust pricing in DRAM and NAND. UBS argues that AI demand is changing that setup by giving Micron more visibility into demand and a smoother earnings path.<\/p>\n

The target\u2019s size also changes the frame around the stock.<\/p>\n

A $1,625 price would imply a market cap of roughly $1.8 trillion, according to Bloomberg, which would make Micron the seventh-biggest US company \u2014 behind Nvidia (NVDA<\/a>), Alphabet (GOOG<\/a>, GOOGL<\/a>), Apple (AAPL<\/a>), Microsoft (MSFT<\/a>), Amazon (AMZN<\/a>), and Broadcom (AVGO<\/a>) \u2014 and ahead of Tesla (TSLA<\/a>), Meta (META<\/a>), and Berkshire Hathaway (BRK-A<\/a>, BRK-B<\/a>).<\/p>\n

Micron\u2019s move was echoed in the broader chip trade.<\/p>\n

\"Semiconductor Semiconductor stocks heat map for May 26, 2026. \u00b7 Yahoo Finance <\/p>\n

Marvell Technology (MRVL<\/a>), ON Semiconductor (ON<\/a>), Advanced Micro Devices (AMD<\/a>), Lam Research (LRCX<\/a>), Intel (INTC<\/a>) and Qualcomm (QCOM<\/a>) were among the chip names gaining ground.<\/p>\n

Marvell also entered the week with 10 straight weekly gains, while both Micron and the Philadelphia Semiconductor Index have climbed in seven of the past eight weeks.<\/p>\n

Micron bulls will want to hold the $800 price level near the old highs, or they risk a false break to the upside. The biggest near-term support below that is around the $665 level.<\/p>\n

\"Micron Micron Technology CEO Sanjay Mehrotra holds a chip on the floor at the New York Stock Exchange in New York City on April 26, 2024. (Reuters\/Brendan McDermid\/File Photo) <\/p>\n

Jared Blikre is the global markets and data editor for Yahoo Finance. Follow him on X at @SPYJared or email him at jaredblikre@yahooinc.com<\/a>.<\/p>\n

Click here for in-depth analysis of the latest stock market news and events moving stock prices<\/a><\/p>\n

Read the latest financial and business news from Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Micron (MU) had its best day since 2011 on Tuesday, closing at a record high \u2014 its 28th…\n","protected":false},"author":2,"featured_media":72296,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[129],"tags":[14031,38412,223],"class_list":["post-72431","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ubs","tag-micron","tag-public-company","tag-ubs"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116643201324280745","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/72431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=72431"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/72431\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/72296"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=72431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=72431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=72431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}