This Artificial Intelligence (AI) Stock Hit $1 Trillion in Record Time. Wall Street Says This Will Happen Next.
Key takeaways
- MU TSLA NVDA INTC 005930.KS In May, Micron Technology (NASDAQ: MU) became the 12th U.S. company to achieve a $1 trillion market value, and the memory-chip maker reached the milestone in record time.
- Before this year, Tesla held the record at 230 days.
- Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need.
MU TSLA NVDA INTC 005930.KS In May, Micron Technology (NASDAQ: MU) became the 12th U.S. company to achieve a $1 trillion market value, and the memory-chip maker reached the milestone in record time. After hitting $500 billion earlier this year, Micron soared to $1 trillion in just 48 days.
Before this year, Tesla held the record at 230 days. And it took Nvidia nearly 500 days. But an unprecedented memory chip supply shortage pushed Micron over the line rapidly this year, alongside two other chipmakers: Samsung and SK Hynix doubled from $500 billion to $1 trillion in 82 days and 61 days, respectively.
Will AI create the world s first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »