On May 26, Micron Technology witnessed an 18% surge in its stock price, soaring to $886 per share. This remarkable ascent not only marked an all-time high for the company but also propelled its total market value beyond the $1 trillion threshold. Since the start of the year, the company has experienced a cumulative increase of 210%, thereby joining the ranks of global semiconductor industry giants with a market value of $1 trillion. On that very day, UBS substantially raised its target price for Micron Technology from $535 to $1,625, setting the highest benchmark on Wall Street.
