This is ABSOLUTELY MASSIVE. Micron Technology just crossed USD 1 trillion market cap today, surging +19%. Biggest single-day gain since 2011. And before you think this is just hype — UBS just raised their price target from USD 535 to USD 1,625. That's a 204% increase in a single price target revision, the highest target on Wall Street, from one of the most respected semiconductor analysts alive. Their argument: "AI has permanently changed how Micron deserves to be valued." 🚨

Here's the data you need to understand why this is different. Micron's Q2 FY2026 revenue was USD 23.9 billion — up 196% year-over-year and 28% ABOVE their own guidance. EPS was USD 12.07, up 756% year-over-year. And CEO Sanjay Mehrotra confirmed that their entire 2026 HBM4 supply is sold out under long-term fixed-price contracts. They are only fulfilling 50 to 65% of customer demand. There is no more product to sell. Every AI data centre buildout in the world is queuing for memory that Micron literally cannot make fast enough.

Q3 guidance is USD 33.5 billion in revenue at 81% gross margins. A year ago these margins were in the mid-30s. When margins go from 35% to 81% in four quarters, that's called pricing power. AMD caught the wave too today, up +7%. The whole AI chip supply chain is moving. If this is the signal you've been waiting for that the memory supercycle is real — this is it. 📈