Trump "calls the shots" plus UBS significantly raises target price, Micron Technology (MU.US) surges 19% to achieve best performance since 2011, market value surpasses $1 trillion.
According to the Smart Financial News APP, on Tuesday, Micron Technology (MU.US) had its best day since 2011, with the stock price skyrocketing by over 19% and reaching a historic high of $916.8. So far this year, Micron has broken its closing record 28 times. The core reason for the surge in stock prices is that UBS significantly raised its target price for Micron Technology, believing that the AI wave has fundamentally changed the valuation logic of the storage chip industry. In addition, US President Trump publicly mentioned Micron Technology at a large rally in Sauven, New York last Friday, saying, "The big company Micron, Micron is great."
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