As the S&P 500 touched a fresh intraday record high, another major milestone was seen in global equity markets.
Micron Technology briefly crossed the $1 trillion market-cap mark for the first time, driven by strong investor optimism around AI-led demand for memory chips, especially HBM and data-center-related products.
With this move, the global $1 trillion market-cap club has expanded further, now including around 13 companies worldwide with valuations above the $1 trillion mark.
Berkshire Hathaway also continues to remain near the $1 trillion valuation level, making it one of the rare non-technology companies in this elite club.
This clearly shows that the AI and semiconductor theme continues to dominate global market leadership.