Micron Technology (NASDAQ: MU) is the latest AI semiconductor stock to join the $1 trillion club.
The memory chipmaker has been one of the hottest stocks over the last 12 months, climbing nearly 800% as of this writing
And some analysts think the stock can continue climbing higher from here. But investors may be better off buying a different semiconductor stock. A giant in its own right, it’s already worth about $650 billion.
Investors could find that the company is worth more than Micron by 2028. Can Micron keep climbing from here? Micron’s share price has been driven higher by excellent financial results, primarily thanks to its pricing power in memory chips.