US President Donald Trump talked about Micron Applied sciences in a rally in New York Metropolis on Could 22, 2026. The President praised the corporate for investing greater than $100 billion in Clay, New York. He explicitly dropped the corporate’s title on the rally, making it heard throughout Wall Road and all the nation as an entire. Micron inventory rallied practically 19% the subsequent buying and selling session after he spoke about it within the NYC marketing campaign rally.
Trump was referring to Micron’s large dedication to construct the most important semiconductor fabrication facility within the US over the subsequent 20 years. The transfer would enhance home manufacturing and spur financial development over the subsequent 20 years. He instructed the group, “Micron, boy, Micron’s nice, they’re investing tons of of billions.” Micron’s inventory skyrocketed thereafter and reached $1 trillion in market cap by the tip of Could.
What Was Micron Inventory’s Value Earlier than Trump Publicly Talked about It?
Micron inventory closed at $751 on Friday, Could 22, and that was earlier than Trump talked about its title on the rally. The identical night, he praised the corporate for its $100 billion funding, however the weekend and Could 25 have been a Federal vacation for Memorial Day, and the markets remained closed.
Nonetheless, when the market opened on Tuesday, Could 26, Micron inventory jumped 19.3% and closed the day’s commerce at $895.88. MU remained within the inexperienced that week, and unusually large name choices volumes have been detected. The identical day, world funding financial institution UBS raised MU’s value goal to $1,625.
Micron inventory additionally opened on Friday’s bell at $923 and had reached a yearly excessive of $954. It spiked 5.14% on Friday, rising 47.48 factors. A number of different Wall Road giants revised their value targets for MU with a serious upward trajectory. In conclusion, Micron inventory has risen 29.3% after Trump talked about it on the rally in New York Metropolis. Each retail traders and institutional funds have been making a beeline to build up MU.
