Micron Surges Past $1 Trillion Market Cap on 860% Twelve-Month Rally
MU•Micron’s market value surged past $1 trillion, marking its best single-day gain since November 2011. The stock has climbed over 860% in the past 12 months, outperforming the PHLX Semiconductor Index by nearly 700 percentage points as AI-driven demand tightens high-bandwidth memory supply.
1. Record-Breaking Rally
Micron’s stock soared past a $1 trillion market cap and notched its strongest day since November 2011, fueled by an 860% gain over the last 12 months. This performance outpaced the PHLX Semiconductor Index by nearly 700 percentage points, setting a historic benchmark for memory-chip valuations.
2. AI-Driven Memory Market Shift
High-bandwidth memory is now viewed as a strategic bottleneck in AI infrastructure rather than a commodity input, driving pricing power and investor enthusiasm. Capacity constraints and surging demand for AI applications have pushed Micron ahead of peers like Nvidia, reshaping the traditional cyclical memory market dynamic.
