{"id":1010339,"date":"2026-05-27T11:53:58","date_gmt":"2026-05-27T06:23:58","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1010339"},"modified":"2026-05-27T11:53:58","modified_gmt":"2026-05-27T06:23:58","slug":"us-chipmaker-micron-reaches-1-trillion-market-capitalization-for-the-first-time","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/27\/us-chipmaker-micron-reaches-1-trillion-market-capitalization-for-the-first-time\/","title":{"rendered":"US chipmaker Micron reaches $1 trillion market capitalization for the first time"},"content":{"rendered":"<p>US chipmaker Micron Technology briefly crossed a market value of $1 trillion on May 26 as investor excitement around AI continued to drive demand for memory chips. According to a report by news agency Reuters, the sharp rally made Micron one of the biggest winners of the AI boom, with its shares rising more than 17% during trading. Micron\u2019s stock jumped after brokerage UBS raised its price target on the company to $1,625 from $535, the report said. The company\u2019s shares rose as much as 19.3% during the session before easing slightly later.<\/p>\n<p>As cited in the Reuters report, analysts say the surge reflects growing demand for advanced memory chips used in AI data centers and cloud infrastructure. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>US chipmaker Micron Technology briefly crossed a market value of $1 trillion on May 26 as investor excitement around AI continued to drive demand for memory chips. According to a report by news agency Reuters, the sharp rally made Micron one of the biggest winners of the AI boom, with its shares rising more than 17% during trading. Micron\u2019s stock jumped after brokerage UBS raised its price target on the company to $1,625 from $535, the report said. The company\u2019s shares rose as much as 19.3% during the session before easing slightly later. As cited in the Reuters report, analysts [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-1010339","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1010339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1010339"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1010339\/revisions"}],"predecessor-version":[{"id":1010340,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1010339\/revisions\/1010340"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1010339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1010339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1010339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}