Micron and SK Hynix Reach Trillion-Dollar Valuations Amid AI-Driven Demand for Memory Chips
Memory chipmakers Micron Technology (MU) and South Korea's SK Hynix (000660.KS) have both surpassed a $1 trillion market capitalization, driven by surging demand from the artificial intelligence sector. Their stocks rose sharply due to their roles as key suppliers of high-bandwidth memory chips used in AI systems.
