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CNBC Tech

Record chip rally adds $2 trillion in combined value to Micron, Intel and AMD in second quarter

Tuesday, June 30, 2026


Micron Technology, Intel, and Advanced Micro Devices gained a combined $2 trillion in market value during the second quarter, according to market data. The three chipmakers' stock prices increased as investors shifted capital to semiconductor suppliers beyond Nvidia. The gains reflected broader demand for chips used in artificial intelligence applications and data center infrastructure.

Original reporting: https://www.cnbc.com/2026/06/30/ai-chip-rally-in-q2-adds-2-trillion-in-value-to-micron-intel-amd-.html

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