By Jeremy Bowman, The Motley Fool
Publication Date: 2026-05-26 18:02:00
Micron (NASDAQ: MU) has been one of the biggest stories on the stock market, and it just hit a major milestone.
Shares of the memory chip superstar just topped the $1 trillion market cap threshold for the first time in its history, joining top chip stocks like Nvidia, Broadcom, Taiwan Semiconductor, and Samsung in the club.
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An unusually aggressive price target hike from UBS was the catalyst for today’s pop, driving the stock up as much as 18.7% today as of noon ET, topping $1 trillion in market cap at one point.
Why Micron was flying higher today
UBS lifted its price target from $535 to a street-high $1,625 on the memory chip stock, implying that shares would more than double from their closing price on…
