Micron surpasses Meta in market cap on AI demand surge

Key Facts

1Micron Technology surpassed Meta Platforms in market capitalization for the first time on June 25, 2026, after a solid forecast extended its AI-driven gains.

In a sign of shifting tech investment priorities, Micron Technology (MU) surpassed Meta Platforms (META) in market capitalization for the first time on June 25, 2026, after issuing a solid forecast that extended its AI-driven gains. According to Reuters, the milestone underscores surging demand for memory chips as AI infrastructure spending accelerates.

Micron shares closed at $1,048.51 on June 24, outperforming Meta’s $557.67 close on the same day, per market data. Peer comparisons reveal a clear divergence: companies tied directly to AI hardware are capturing investor enthusiasm, while social media platforms face ongoing regulatory headwinds.

Investors are watching Micron at $1,048.51 (June 24 close), with potential resistance near $1,083.32—the prior session’s high—should positive momentum continue. Upcoming earnings reports from both Micron and Meta will provide further clues on the sustainability of AI-driven demand.