Micron overtakes Meta in market value amid relentless AI infrastructure demand

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Micron overtakes Meta in market value amid relentless AI infrastructure demand Reuters Thu, June 25, 2026 at 9:40 AM EDT 1 min read MU TSLA META 005930.KS June 25 (Reuters) - Micron Technology edged past ‌the market valuation ‌of Meta Platforms for the ​first time on Thursday, after the memory chipmaker's solid forecast ‌helped ⁠extend its AI-driven ascent. The company's shares ⁠were last up 18.5% at $1,244.4, giving ​it a ​market ​capitalization of $1.393 trillion, ‌compared with Meta's $1.391 trillion. Micron's fourth-quarter revenue and profit forecasts on Wednesday helped shares reverse ‌a recent ​slump, with ​the ​company disclosing ‌its customers had committed $22 ​billion ​to lock in supplies of memory ​chips. (Reporting ‌by Purvi Agarwal in ​Bengaluru; Editing by ​Sriraj Kalluvila)

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Micron surpassed Meta Platforms in market capitalization for the first time after issuing a strong earnings outlook and announcing customer memory pre-orders totaling 220억 달러. This event shows that AI infrastructure demand is sharply boosting memory demand, lifting corporate results and valuations. While the expansion of AI workloads in data centers and the cloud produces positive spillovers across the semiconductor supply chain, supply absorption from pre-orders and rising prices could increase cost burdens for consumer hardware such as smartphones and PCs. Investors are likely to reallocate portfolios toward AI infrastructure, so related suppliers are expected to benefit in the medium to long term.

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