Micron zooms past $700 billion market cap as rally in memory stocks accelerates

Sanjay Mehrotra, president and chief executive officer of Micron Technology Inc., during a groundbreaking ceremony for the new Micron Technology Inc. semiconductor manufacturing facility in Clay, New York, US, on Friday, Jan. 16, 2026. Heather Ainsworth | Bloomberg | Getty Images Micron's historic rally continued on Tuesday, with shares of the memory maker surging 12%, lifting the company's market cap past $700 billion for the first time. …