Micron and SK Hynix surpass $1T valuation milestone on surging AI memory demand

Memory chipmakers Micron Technology Inc. and SK Hynix Inc. each saw their market values surge above 1 trillion for the first time today, driven by insatiable demand for their products from artificial intelligence firms. Micron’s stock jumped more than 19% today, as investors piled into the stock following a report from the investment bank UBS, which […] The post Micron and SK Hynix surpass 1T valuation milestone on surging AI memory demand appeared first on SiliconANGLE.

Source: SiliconANGLE | 2026-05-27