Micron and Intel Reach Major Valuation Milestones Amid Surge in Semiconductor Options Trading

Story Summary
Semiconductor stocks continue to see aggressive investor interest, with Micron Technology and Intel hitting significant market capitalization milestones. Micron, which has rallied 700% over the past year, saw $2.8 billion in options premium traded on Tuesday, surpassing the combined volume of major index ETFs SPY and QQQ. With its market cap now exceeding $700 billion, Micron’s implied volatility remains elevated at 84. Simultaneously, Intel has reached a valuation near $550 billion following a 13% single-day gain, marking a 430% increase over the last year and surpassing its previous dotcom-era peak. This sustained bullish sentiment, which extends to peers like SanDisk and Western Digital, underscores a broader market conviction in legacy chipmakers as essential players in the ongoing artificial intelligence revolution.





