Micron and SK Hynix surpass $1 trillion valuation milestone on surging AI memory demand
Memory chip makers Micron Technology Inc. and SK Hynix Inc. saw their market values surge above $1 trillion for the first time today, driven by insatiable demand for their products from artificial intelligence firms. Micron’s stock was up more than 19% today, as investors piled into the stock following a report from the investment bank […] The post Micron and SK Hynix surpass $1 trillion valuation milestone on surging AI memory demand appeared first on SiliconANGLE.
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