Another surge for Micron, Wall Street's latest $1 trillion company, sends US stocks to records - Jackson Hole News&Guide

Micron Technology's continued surge has made it the latest $1 trillion company on Wall Street, driving U.S. stocks to new records. Amid global market optimism following President Trump's statement tha... Read original →

Micron's $1 trillion valuation stems not from market euphoria but surging AI-driven demand for HBM3E and upcoming GDDR7 memory. This is forcing TSMC and Samsung to accelerate CoWoS and TSV packaging capacity, while boosting ASML’s EUV utilization in advanced packaging. Despite Iran negotiation optimism, U.S. semiconductor export controls on China are tightening—Micron’s Xi’an facility faces rising compliance costs and supply disruption risks. In response, Samsung may rush HBM4 samples to secure NVIDIA contracts, while SK Hynix could deepen ties with Taiwan, China suppliers to sidestep U.S. scrutiny. Over the next 18 months, memory chips will enter a dual-pricing regime defined by both performance and geopolitical sensitivity, where any regional friction could trigger sharp price volatility. Resilient, geographically diversified supply chains—not single-region reliance—will become non-negotiable.