# Micron's stock has resumed its historic rally after a brief pause on Thursday on the back of consistent demand for its memory and data storage products.

*semiconductor · news · 2026-05-08 · NDTV Profit*

## Key points

- Micron's stock surged over 10% to a record $713.59 due to strong AI-driven memory demand.
- Micron has begun shipping its largest commercially available solid-state drive, enhancing memory capacity and efficiency.
- Micron's market capitalization has surpassed $730 billion, nearing the $800 billion threshold.
- Sandisk stock jumped 11% to $1,478.27, fueled by increased AI-related storage demand.

**Companies:** Micron Technology Inc., Intel Corp., Nvidia Corp., Advanced Micro Technology Inc., AMD, Sandisk
**Countries:** United States

[Read the full story on NDTV Profit](https://www.ndtvprofit.com/markets/micron-tops-chip-rally-as-shares-hit-all-time-high-amd-intel-zoom-up-to-8-11468660)

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