Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
Gate Card
Rewards
Square
Latest
Hot
News
Profile

Micron joins the trillion-dollar club, with the AI race driving a surge in memory chip demand

金色财经_
Gold Finance News reported that on May 26, Tuesday, Micron Technology (MU.O)’s market capitalization first surpassed the $1 trillion mark. The company underwent a swift surge, cementing its status as one of the standout winners in the AI boom as the largest US memory chip manufacturer. Micron’s share price rose as much as 18%, to $886.6, a record high. Earlier, UBS sharply raised its target price from $535 to $1,625. According to LSEG data, this is the highest target price among the 46 brokerages tracking the company. This milestone not only highlights the core role of memory chips in AI infrastructure, but also reflects a broader shift in the AI investment landscape: after the initial rush to invest in graphics processing unit makers, investors began looking for companies that could benefit from the massive spending plans of tech giants. Samsung Electronics of South Korea, the world’s largest memory chip manufacturer, has already crossed the $1 trillion market-cap threshold, and SK Hynix is also nearing this level.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments

  • Pinned

Sitemap