A rival joins Micron in the $1 trillion club as one bank argues AI is actually underhyped
Semis
Micron surged 19%+ to cross a $1 trillion market cap on AI-driven memory demand, with SK Hynix joining the club within 24 hours. The vertical move, combined with heavy insider selling at MU and a consensus already 32 Buy-heavy, sets up a classic euphoria fade rather than a fresh chase.
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↓ SHORT-12% target+4% stop3-7 trading days
Fade MU's euphoria spike short-term — 54 insider sells vs. 0 buys in 30 days and a 19% single-session rip scream near-term exhaustion, even if the AI memory thesis is real.