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moves money Tech-Economic Times June 25, 2026

Micron overtakes Meta in market value amid relentless AI infrastructure demand

Micron overtakes Meta in market value amid relentless AI infrastructure demand
AI Summary

Micron Technology has surpassed Meta Platforms in market valuation for the first time, driven by a strong AI-fueled rally. The memory chip giant's robust fourth-quarter forecasts, including $22 billion in customer commitments for memory chip supplies, have reversed a recent downturn. This surge positions Micron at the forefront of the AI revolution, signaling significant investor confidence in its future growth.

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