Just a $70 billion company one year ago, memory chip maker Micron Technology (MU) yesterday soared 21% and topped a $1 trillion valuation alongside a massive price target hike from UBS. South Korea's SK Hynix followed suit, rising 9.3% in Seoul on Wednesday to top $1 trillion in market value. It's shares are higher by more than 1,000% over the past year. Earlier this month, peer Samsung Electronics also topped $1 trillion. The memory stocks are one leg of the AI boom, with investors e…
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