Business

Micron's Market Cap Surges

Updated 2026-05-05 19:05 UTC 1 source Positive

Micron Technology has surpassed a $700 billion market cap, driven by strong demand for memory chips essential in AI technology. Competitors Intel and Micron are expected to achieve significant milestones.

Coverage timeline — 2 articles

CNBC

Micron zooms past $700 billion market cap as rally in memory stocks accelerates

Micron has emerged as one of the most valuable U.S. tech companies thanks to insatiable demand for memory that's needed in AI chips.

2026-05-05 18:51 UTC

CNBC

Intel and Micron are poised to break major milestones

Options traders can't get enough of semiconductor stocks.

2026-05-05 18:55 UTC