{"id":696818,"date":"2026-05-27T01:09:08","date_gmt":"2026-05-27T01:09:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/696818\/"},"modified":"2026-05-27T01:09:08","modified_gmt":"2026-05-27T01:09:08","slug":"micron-mu-nasdaq-share-price-soars-us-chipmaker-tops-us1-trillion-in-value-amid-ai-boom","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/696818\/","title":{"rendered":"Micron (MU NASDAQ) share price soars, US chipmaker tops $US1 trillion in value amid AI boom"},"content":{"rendered":"<p>Micron Technology briefly topped $US1 trillion ($1.4 trillion) in market value for the first time on Tuesday, crowning a dizzying rally that has cemented America\u2019s largest memory chipmaker as one of the standout winners of the AI boom.<\/p>\n<p>Micron\u2019s shares were last up 17.4 per cent at $US881.6 after rising as much as 19.3 per cent earlier in the session, with Tuesday\u2019s boost coming after brokerage UBS increased its price target on the stock to $US1625 from $US535 \u2013 the highest among the 46 brokerages covering the company, according to LSEG data.<\/p>\n<p>Loading&#8230;<\/p>\n<p class=\"_137dbe642694dac0-source\">Reuters<\/p>\n","protected":false},"excerpt":{"rendered":"Micron Technology briefly topped $US1 trillion ($1.4 trillion) in market value for the first time on Tuesday, crowning&hellip;\n","protected":false},"author":2,"featured_media":696819,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,105],"class_list":["post-696818","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-au","tag-australia","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/696818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=696818"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/696818\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/696819"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=696818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=696818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=696818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}