{"id":617,"date":"2026-05-27T16:10:51","date_gmt":"2026-05-27T16:10:51","guid":{"rendered":"https:\/\/nextcitydigest.com\/?p=617"},"modified":"2026-05-27T16:10:51","modified_gmt":"2026-05-27T16:10:51","slug":"micron-tops-1-trillion-in-value-as-ubs-says-stock-could-double","status":"publish","type":"post","link":"https:\/\/nextcitydigest.com\/?p=617","title":{"rendered":"Micron tops $1 trillion in value as UBS says stock could double"},"content":{"rendered":"
\n
\n

By Subrat Patnaik and Ryan Vlastelica, Bloomberg<\/strong><\/p>\n

Micron Technology Inc.\u2019s market capitalization, which has soared about 840% over the past year, will more than double over the next 12 months, according to at least one analyst.<\/p>\n

Read more 9 missing after Washington paper mill tank implosion and officials say there\u2019s no hope of survivors<\/a><\/p>\n

UBS Group AG on Tuesday boosted its price target for the Boise, Idaho-based chipmaker to a street high of $1,625, more than 116% above where it closed last week. The target is three times higher than UBS\u2019s previous of $535 and implies a market value of roughly $1.8 trillion.<\/p>\n

That would make it larger than the current market capitalization of companies like Meta Platforms Inc., Tesla Inc. and Berkshire Hathaway Inc.<\/p>\n

Micron Technology\u2019s shares rallied 19% on Tuesday, supported by both the UBS call and after a Huawei Technologies Co. official said the Chinese company had made a potential breakthrough on chip design, causing chip stocks to jump. The surge pushed Micron\u2019s market value past $1 trillion for the first time.<\/p>\n

The day\u2019s rally \u2014 its biggest one-day percentage gain since November 2011 \u2014 was the latest example the stock\u2019s incredible momentum. Micron is up more than 70% in May, putting it on track for its biggest one-month jump since December 1987. The stock has more than tripled this year, adding to a surge of nearly 240% last year.<\/p>\n

Read more Martin Short initiated wellness check that led to discovery of daughter\u2019s body<\/a><\/p>\n

\u201cWe believe the market will start to put a more \u201cnormal\u201d multiple on the stock and MU\u2009will continue to re-rate higher as more details emerge about the structural changes AI has driven to the entire memory complex,\u201d UBS analyst Timothy Arcuri wrote in a note.<\/p>\n

While the memory chips business was traditionally cyclical, the massive AI infrastructure build-out cycle has broken the pattern. The enormous amount of data used by artificial intelligence tools in development has created persistent demand for memory chip while supplies have run low.<\/p>\n

\n<\/div>\n

\u201cHyperscalers appear increasingly willing to exchange pricing for multi-year supply visibility and greater predictability around future deployment economics,\u201d said Arcuri, who has had a buy rating on Micron\u2019s stock since early 2020.<\/p>\n

The stock has 49 buy-equivalent ratings, five analysts have hold recommendations and no one recommends selling. The average analyst price target sits at $685.82, according to data compiled by Bloomberg. That implies downside of more than 23% from Micron\u2019s Tuesday close.<\/p>\n

Read more \u2018Legacy game\u2019: Willow Glen\u2019s Alanna Clincy leads win over St. Francis in CCS semifinal<\/a><\/p>\n

(Updates to market close.)<\/p>\n

More stories like this are available on bloomberg.com<\/p>\n

\n<\/div>\n

\u00a92026 Bloomberg L.P.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Micron Technology Inc.’s market capitalization, which has soared about 840% over the past year, will more than double over the next 12 months, according to at least one analyst.<\/p>\n","protected":false},"author":1,"featured_media":616,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\nMicron tops $1 trillion in value as UBS says stock could double - Next City Digest<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nextcitydigest.com\/?p=617\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Micron tops $1 trillion in value as UBS says stock could double - Next City Digest\" \/>\n<meta property=\"og:description\" content=\"Micron Technology Inc.'s market capitalization, which has soared about 840% over the past year, will more than double over the next 12 months, according to at least one analyst.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nextcitydigest.com\/?p=617\" \/>\n<meta property=\"og:site_name\" content=\"Next City Digest\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-27T16:10:51+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/nextcitydigest.com\\\/?p=617#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/nextcitydigest.com\\\/?p=617\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/nextcitydigest.com\\\/#\\\/schema\\\/person\\\/13065d40d633843429ac57d4e5c06f9b\"},\"headline\":\"Micron tops $1 trillion in value as UBS says stock could double\",\"datePublished\":\"2026-05-27T16:10:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/nextcitydigest.com\\\/?p=617\"},\"wordCount\":443,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/nextcitydigest.com\\\/?p=617#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/nextcitydigest.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/fa28de540ac8e21b2c6ac065e646d4fc.webp\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/nextcitydigest.com\\\/?p=617#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/nextcitydigest.com\\\/?p=617\",\"url\":\"https:\\\/\\\/nextcitydigest.com\\\/?p=617\",\"name\":\"Micron tops $1 trillion in value as UBS says stock could double - Next City Digest\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/nextcitydigest.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/nextcitydigest.com\\\/?p=617#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/nextcitydigest.com\\\/?p=617#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/nextcitydigest.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/fa28de540ac8e21b2c6ac065e646d4fc.webp\",\"datePublished\":\"2026-05-27T16:10:51+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/nextcitydigest.com\\\/#\\\/schema\\\/person\\\/13065d40d633843429ac57d4e5c06f9b\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/nextcitydigest.com\\\/?p=617#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/nextcitydigest.com\\\/?p=617\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/nextcitydigest.com\\\/?p=617#primaryimage\",\"url\":\"https:\\\/\\\/nextcitydigest.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/fa28de540ac8e21b2c6ac065e646d4fc.webp\",\"contentUrl\":\"https:\\\/\\\/nextcitydigest.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/fa28de540ac8e21b2c6ac065e646d4fc.webp\",\"width\":1024,\"height\":683},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/nextcitydigest.com\\\/?p=617#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/nextcitydigest.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Micron tops $1 trillion in value as UBS says stock could double\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/nextcitydigest.com\\\/#website\",\"url\":\"https:\\\/\\\/nextcitydigest.com\\\/\",\"name\":\"Next City Digest\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/nextcitydigest.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/nextcitydigest.com\\\/#\\\/schema\\\/person\\\/13065d40d633843429ac57d4e5c06f9b\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\\\/\\\/nextcitydigest.com\"],\"url\":\"https:\\\/\\\/nextcitydigest.com\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Micron tops $1 trillion in value as UBS says stock could double - Next City Digest","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nextcitydigest.com\/?p=617","og_locale":"en_US","og_type":"article","og_title":"Micron tops $1 trillion in value as UBS says stock could double - Next City Digest","og_description":"Micron Technology Inc.'s market capitalization, which has soared about 840% over the past year, will more than double over the next 12 months, according to at least one analyst.","og_url":"https:\/\/nextcitydigest.com\/?p=617","og_site_name":"Next City Digest","article_published_time":"2026-05-27T16:10:51+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/nextcitydigest.com\/?p=617#article","isPartOf":{"@id":"https:\/\/nextcitydigest.com\/?p=617"},"author":{"name":"admin","@id":"https:\/\/nextcitydigest.com\/#\/schema\/person\/13065d40d633843429ac57d4e5c06f9b"},"headline":"Micron tops $1 trillion in value as UBS says stock could double","datePublished":"2026-05-27T16:10:51+00:00","mainEntityOfPage":{"@id":"https:\/\/nextcitydigest.com\/?p=617"},"wordCount":443,"commentCount":0,"image":{"@id":"https:\/\/nextcitydigest.com\/?p=617#primaryimage"},"thumbnailUrl":"https:\/\/nextcitydigest.com\/wp-content\/uploads\/2026\/05\/fa28de540ac8e21b2c6ac065e646d4fc.webp","articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/nextcitydigest.com\/?p=617#respond"]}]},{"@type":"WebPage","@id":"https:\/\/nextcitydigest.com\/?p=617","url":"https:\/\/nextcitydigest.com\/?p=617","name":"Micron tops $1 trillion in value as UBS says stock could double - Next City Digest","isPartOf":{"@id":"https:\/\/nextcitydigest.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nextcitydigest.com\/?p=617#primaryimage"},"image":{"@id":"https:\/\/nextcitydigest.com\/?p=617#primaryimage"},"thumbnailUrl":"https:\/\/nextcitydigest.com\/wp-content\/uploads\/2026\/05\/fa28de540ac8e21b2c6ac065e646d4fc.webp","datePublished":"2026-05-27T16:10:51+00:00","author":{"@id":"https:\/\/nextcitydigest.com\/#\/schema\/person\/13065d40d633843429ac57d4e5c06f9b"},"breadcrumb":{"@id":"https:\/\/nextcitydigest.com\/?p=617#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nextcitydigest.com\/?p=617"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nextcitydigest.com\/?p=617#primaryimage","url":"https:\/\/nextcitydigest.com\/wp-content\/uploads\/2026\/05\/fa28de540ac8e21b2c6ac065e646d4fc.webp","contentUrl":"https:\/\/nextcitydigest.com\/wp-content\/uploads\/2026\/05\/fa28de540ac8e21b2c6ac065e646d4fc.webp","width":1024,"height":683},{"@type":"BreadcrumbList","@id":"https:\/\/nextcitydigest.com\/?p=617#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nextcitydigest.com\/"},{"@type":"ListItem","position":2,"name":"Micron tops $1 trillion in value as UBS says stock could double"}]},{"@type":"WebSite","@id":"https:\/\/nextcitydigest.com\/#website","url":"https:\/\/nextcitydigest.com\/","name":"Next City Digest","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nextcitydigest.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/nextcitydigest.com\/#\/schema\/person\/13065d40d633843429ac57d4e5c06f9b","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/nextcitydigest.com"],"url":"https:\/\/nextcitydigest.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/nextcitydigest.com\/index.php?rest_route=\/wp\/v2\/posts\/617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nextcitydigest.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nextcitydigest.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nextcitydigest.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nextcitydigest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=617"}],"version-history":[{"count":0,"href":"https:\/\/nextcitydigest.com\/index.php?rest_route=\/wp\/v2\/posts\/617\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nextcitydigest.com\/index.php?rest_route=\/wp\/v2\/media\/616"}],"wp:attachment":[{"href":"https:\/\/nextcitydigest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nextcitydigest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nextcitydigest.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}