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AI Chip Titans Hit $1T Valuations, Alphabet Raises $80B

6/2/2026

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Story summary
  • Micron Technology hit a $1 trillion market value last week, doubling from $500 billion in under 50 trading days.
  • SanDisk shares rose over 600% YTD as AI memory demand surged.
  • Alphabet will raise $80 billion in equity, including $10 billion from Berkshire Hathaway, for AI infrastructure.
  • SK Hynix topped a $1 trillion market value after Samsung reached the same level in May.