Micron's market capitalization reaches $1 trillion for the first time, with SK Hynix following into the 'trillion-dollar club'

Micron briefly crossed the $1 trillion market-cap mark for the first time after a sharp stock rally and a higher UBS target.

SK Hynix also topped $1 trillion, becoming the second Asian memory-chip maker to join the club after Samsung.

The surge reflects how AI demand is reshaping the memory market and lifting suppliers into the same valuation tier as Big Tech.