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Micron Technology has reportedly joined the trillion‑dollar club.
Micron Technology's market value surged to around $1 trillion following an 18% single-day share gain.
KEY POINTS
- Micron's high-bandwidth memory (HBM) capacity is reportedly fully booked through at least 2026.
- Analysts previously set MU's highest 12-month price target at $500, far below recent share levels.
- Despite explosive growth, Micron remains exposed to cyclicality and risks from new fab capacity and competition.
COMPANIES
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