Micron, Intel, and AMD Gain $2 Trillion in Combined Value in Second Quarter Rally

According to Bloomberg reporting, Micron, Intel, and Advanced Micro Devices gained about $2 trillion in combined market capitalization during the second quarter of 2026, as investors rotated from AI hyperscalers into semiconductor makers. Micron, one of three major memory producers, rose over 240%, adding roughly $920 billion in market cap, while Intel climbed 216% for an added $480 billion. AMD's stock nearly tripled, adding $615 billion in value. The three companies are now the 10th, 11th, and 12th most valuable U.S. tech companies.
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