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Micron stock has been on a stellar run but it still faces fierce competition from Samsung and SK Hynix.

SK Hynix became one of the few companies in the world with a $1 trillion market cap this week, as a global AI boom propels chip stocks to record levels.

As Micron stock trades near all-time highs, retail traders are hunting for dips to accumulate shares ahead of the company's third-quarter report next month.

Shares of Sandisk have been on a massive run this year as investors continue piling into artificial intelligence-related memory and storage names. Sandisk stock is up 591% year to date and closed at $1,641 on May 28, according to Yahoo Finance data. The rally accelerated this week after Micron ...

Samsung Electronics on Friday said it started shipping samples of its latest high-bandwidth memory (HBM) chip to customers, pulling ahead of rivals in distributing a new version of the product critical to ‌AI data centers and sending its shares higher. Samsung said the chip uses its latest 1c DRAM process technology - sixth-generation, 10-nanometer-class DRAM - alongside Samsung's 4-nanometer foundry ​logic base die. The rollout is part of Samsung's efforts to regain momentum in the HBM market after falling behind rivals like SK Hynix and Micron in supplying advanced artificial intelligence memory chips, particularly to Nvidia.

Memory-chip demand tied to AI infrastructure pushes Micron above the trillion-dollar threshold for the first time.

DA Davidson raised its Micron price target to $1,500 while keeping a Buy rating.