Global Memory Trio Hits $1T Market Cap; AI-Driven Supercycle Begins

9    2026-06-11

Weeks ago, Samsung Electronics, the world’s largest memory maker, became the first to cross the $1 trillion threshold. On May 6, Samsung surged 12% in early trading, reaching ~$1.03T, becoming Asia’s second tech firm after TSMC to hit the milestone. On May 27, SK Hynix jumped over 11% intraday, officially joining the $1T club as Asia’s second memory giant. Micron Technology rallied in tandem: on May 26, its stock soared 19% after UBS lifted its price target from $535 to $1,625, pushing its market cap above $1T for the first time. Never before in semiconductor history have three peers scaled the $1T peak within weeks.

#MemoryChip #Micron #Samsung #SKHynix #AIstorage #HBM

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