Micron Tops $1 Trillion Market Value After Soaring Over Demand For Its Memory Chips

Source: International Business Times

Micron topped a $1 trillion market value on Tuesday after soaring 18%. Getty Images Micron topped a $1 trillion market value on Tuesday after soaring almost 20% due to continued demand for its memory chips as the AI race continues at full steam. CNBC detailed that the development came after UBS tripled its price target for the stock to more than $1,600 per share.