Micron just hit $1 Trillion market cap for the first time in history and becomes the 10th-largest U.S. company
$MU Micron is up 18% yesterday alone. A year ago this company was worth $60 billion. Today it crossed $1 trillion. That is a 1,350% move in just 413 days. UBS nearly tripled its price target from $535 to $1,625, citing explosive AI memory demand and a global memory shortage that is allowing Micron to raise prices at will. Every Nvidia chip needs memory chips to function. Micron makes those memory chips. Source: Bull Theory, Stocks World
Semi-conductors are going vertical. The SOX index is up 18% from the “momentum” washout lows just a few sessions ago.
The bounce off the 21-day moving average has been nearly perfect, although the current upside panic is starting to look increasingly extreme. SOX monthly RSI is now at 87, the highest level since the dot-com bubble. Source: TME
Wondering why memory chips stocks are exploding? A quarter of the BOM (Bill of Materials) of the hyperscalers is going to memory, up from 7%.
Good thing hyperscalers are printing cash... Source: zerohedge
SK Hynix has officially joined the $1 TRILLION club.
Shares jumped 11% today, pushing the company’s market capitalization to a record ₩1,624 TRILLION ($1.08 TRILLION). Just one month ago, SK Hynix was worth around $600 BILLION, adding $480 BILLION market value in just 30 DAYS. The stock is now up roughly 240% in 2026 alone. SK Hynix posted record numbers, Q1 2026 revenue ₩52.6 trillion ($36 billion) with Operating profit of ₩37.6 trillion ($27 billion). SK Hynix has become one of the biggest winners of the AI era as demand for HBM chips used in Nvidia AI GPUs keeps surging. Source: Bull Theory
The number of tokens processed per quarter has grown by about 17,000x over four years.
Chinese domestic demand accounts for most of that growth. Source: Azeem Azhar
Semiconductors index $SOX keeps marching higher without its general.
We have not seen such a wide divergence between SOX and hashtag#nvidia $NVDA in quite some time. Is NVDA quietly becoming the main funding source for the latest semis upside panic? Source: TME
Only 60 million people on earth (1.6% of adults) have a net worth over $1 million.
Those 60M people hold 48% of all global wealth. The bottom 1.55 billion hold 0.6%. Source: UBS Global Wealth Report 2025 Frank Chaparro @fintechfrank
If you invested $100,000 into Zoom $ZM at the peak of the pandemic hype in 2020, you would have less than $12,000 left today.
The stock crashed over -88%, eroding nearly $130 BILLION in market value as the work from home bubble collapsed. Source: Bull Theory
