US stoks | Micron surges 19%, overtakes Meta in market value amid relentless AI infrastructure demand
- Posted on June 25, 2026
- By Business News Today
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- 1 min read
US stoks | Micron surges 19%, overtakes Meta in market value amid relentless AI infrastructure demand
Memory chip giant Micron Technology has surpassed Meta Platforms in market valuation for the first time, driven by a robust AI-fueled surge. Strong fourth-quarter revenue and profit projections, coupled with $22 billion in customer commitments for chip supplies, have propelled Micron's shares to new heights, signaling a significant shift in the tech landscape.
