Micron overtakes Meta in market value amid relentless AI infrastructure demand (opens original article in a new tab)

Micron Technology overtook Meta Platforms in market value, driven by strong AI-related forecasts and customer commitments.

• Micron Technology's market valuation surpassed Meta Platforms for the first time.
• Micron's shares rose 18.5% to $1,244.4, giving it a $1.393 trillion market cap.
• Micron's fourth-quarter forecasts and $22 billion in customer commitments drove the stock surge.