Micron Crosses $1 Trillion Market Cap as AI Demand Reshapes Memory Sector

TLDR: Micron’s market cap surged from $70 billion to $1 trillion in twelve months, driven by AI memory demand. Q3 fiscal 2026 guidance projects $33.5 billion in revenue with gross margins expected to exceed 81%. Micron can only fulfill 50% to two-thirds of demand from its largest AI customers in the near term. The HBM [...]

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