Descriptions:
Bloomberg Technology’s live broadcast on May 27, 2026 covers a landmark moment for AI infrastructure investing: both Micron Technology and SK Hynix have crossed the $1 trillion market capitalization threshold, propelled by surging demand for high-bandwidth memory (HBM) chips that are embedded directly into AI GPUs.
Analyst Ryan Vlastelica breaks down the scale of the move: Micron’s revenue nearly tripled last quarter — the fastest pace of growth since the 1990s — and the stock is up more than 70% in May alone, the largest single-month gain since December 1987. SK Hynix and Micron are both up more than 200% year-to-date. UBS tripled its price target, projecting Micron could reach $1.8 trillion in market cap and arguing it deserves a multiple on par with Nvidia — roughly 15x forward earnings versus the historical 5x — on the thesis that AI is fundamentally breaking the cyclical nature of the memory market. SanDisk and Seagate are also flagged as beneficiaries of the same demand wave.
The broadcast also covers Taiwanese prosecutors suspecting three individuals of smuggling Nvidia chips to China via Japan, and includes extended interviews with an early SpaceX investor on Starship’s implications for orbital compute infrastructure, as well as Cognition CEO Scott Bostick discussing Devin’s growth. The HBM market analysis is the primary focus and offers a data-rich look at how AI infrastructure spending is reshaping semiconductor valuations.
📺 Source: Bloomberg Technology · Published May 27, 2026
🏷️ Format: News Analysis
