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MU, ZS, RDW, LUNR, AMD were among the stocks seen trending on Tuesday, May 26, 2026.
UBS analyst Timothy Arcuri maintains Micron Technology (NASDAQ:MU) with a Buy and raises the price target from $535 to $1625.
Micron's (MU) AI memory rally is boosting chip ETFs and AI infrastructure funds with exposure to Micron, Nvidia and the booming HBM market.
"Micron's great," Trump said as the chipmaker topped $1 trillion. Prediction markets are now betting on whether Washington takes a stake next.(
IonQ (IONQ) stock jumps past $63 as Kalshi traders price a 32% chance of a U.S. government equity stake.
Nasdaq and Russell 2000 hit fresh highs as Micron surges 18%. The iShares Semiconductor ETF jumped 4.8%, pushing year-to-date gains past 80%.
BofA says company fundamentals do not support the semiconductor bubble narrative. Nvidia, Micron and Credo trade below historical P/E.
U.S. stocks were higher, Nasdaq up 350 points. Micron stock rose on UBS's tripled price target. Other big gainers include BRAI, RDW, HTT, ATOM, TE, MOD, ORBS, YSS, ASTS, UMC, and JOYY.