#MicronOvertakesMetaInMarketValue

Micron just crashed the trillion-dollar club party. The memory chip maker officially surpassed Meta in market value for the first time, briefly even overtaking Tesla, on the back of an absolutely massive AI-fueled rally .

The stock jumped almost 19% to around $1,236 on Thursday, giving it a market cap of roughly $1.398 trillion . That puts it just above Meta's $1.392 trillion and right behind Tesla's **$1.4 trillion . It's a wild shift—remember, Micron only hit the $1 trillion mark last month .

So what caused this? It's all about the numbers. Micron's Q3 2026 earnings report was just insane. Revenue hit $41.46 billion, absolutely crushing the $35.82 billion consensus . Adjusted earnings came in at $25.11 per share**, well above estimates . And they guided Q4 revenue to $50 billion, compared to expectations of around $43 billion . Revenue growth over the trailing period was over 190%, with profit margins sitting above 80% .

Analysts are going nuts. Susquehanna raised their target to $2,000, KeyBanc to $1,600 , and Bank of America lifted theirs to $1,550 . The Street is treating Micron less like a cyclical chip stock and more like a structural AI winner . Customers have already committed $22 billion to lock in supplies, which shows this demand isn't going away anytime soon .