Micron Technology Market Cap Hits $1.23 Trillion as 'Next NVIDIA' Thesis Validates on June 16

According to BlockBeats, analyst Serenity confirmed on June 16 that Micron Technology's (MU) market capitalization has risen to approximately $1.23 trillion, validating the analyst's earlier prediction that the company could be "the next NVIDIA." Serenity noted that the thesis around memory chip cycle dynamics has been performing well, following the analyst's increased focus on semiconductor storage leaders including Samsung Electronics and SK hynix starting in 2025, with further portfolio allocation in January this year to include positions such as SanDisk (SNDK).
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