Red hot AI demand pushes more companies into the $1 trillion club - NBC News
Semis
SK Hynix and Micron have joined the $1 trillion market cap club on surging AI-driven HBM demand, with Samsung widening its memory lead according to Benzinga. The broader AI memory cycle is now consensus trade territory — Goldman is naming MU as a top AI winner, but insider selling at Micron and stretched valuations after a +3.6% day suggest the easy money may be behind us.
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Angle
↓ SHORT-8% target+4% stop2-3 weeks, tactical
Fade MU on short-term exhaustion — insiders are selling, Goldman consensus is fully priced, and the trillion-dollar club narrative is a late-cycle signal, not a new catalyst.