Micron hits $1 trillion market cap for the first time as stock surges 18%

A global memory shortage driven by AI is spiking demand for chipmakers like Micron.

# Micron hits $1 trillion market cap for the first time as stock surges 18% A global memory shortage driven by AI is spiking demand for chipmakers like Micron. **Read the full article:** [CNBC](https://www.cnbc.com/2026/05/26/micron-stock-trillion-market-cap.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*