Framing Analysis
Micron Technology reached a market capitalization of $1.398 trillion on Thursday, briefly exceeding Meta Platforms at $1.392 trillion and Tesla at $1.4 trillion after shares rose 18.4 percent to $1,236. The gains followed fourth-quarter forecasts and $22 billion in customer commitments for memory chips. Micron had previously crossed $1 trillion in market value on May 26.