Sanjay Mehrotra, president and chief executive officer of Micron Technology Inc., during a groundbreaking ceremony for the new Micron Technology Inc. semiconductor manufacturing facility in Clay, New York, US, on Friday, Jan. 16, 2026.
Heather Ainsworth | Bloomberg | Getty Images
Micron saw its stock triple in 2025, and it’s up nearly 62% so far in 2026, as heavy demand for memory-rich Nvidia artificial intelligence chips leads to shortages.
The memory crunch that’s boosted Micron has been bad news for many of its tech peers, which are dealing with higher prices as they try to secure critical components. Among the 10 most valuable U.S. tech companies, Micron is the only one up this year. The rally has elevated Micron’s market cap to $520…
