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MU News

Micron Technology Surpasses $1 Trillion Market Cap for First Time

19m agoFool

Micron Technology Price Targets Raised to $1,500 Amid Strong Demand

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MU Events

05/28 14:20
Anthropic Raises $65B in Funding, Valued at $965B
Anthropic has raised $65B in Series H funding led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, valuing the company at $965B post-money, the company announced. Anthropic stated: Global enterprises across industries are deploying Claude in their core operations, and a growing number of people around the world use it for their everyday work. Since our Series G in February, adoption has continued to grow across global enterprise customers, and our run-rate revenue crossed $47 billion earlier this month. This latest funding is expected to advance our safety and interpretability research, expand compute to meet growing demand for Claude, and scale the products and partnerships our customers rely on." "The round was co-led by Capital Group, Coatue, D1 Capital Partners, GIC, ICONIQ, and XN. Significant investors in this round include AMP PBC, Baillie Gifford, Blackstone, Brookfield, D.E. Shaw Ventures, DST Global, Fidelity Management & Research Company, General Catalyst, Insight Partners, Jane Street, Lightspeed Venture Partners, MGX, NTTVC, NX1 Capital, Situational Awareness LP, T. Rowe Price Associates, Inc., T. Rowe Price Investment Management, Inc., and Temasek. It also includes $15 billion of previously committed investments from hyperscalers, including $5 billion from Amazon. Joining them are strategic infrastructure partners-Micron, Samsung, and SK hynix-whose technologies play a critical role in the world's supply of memory, storage, and logic chips. As demand for Claude continues to grow, these relationships will help us scale our compute reliably at the pace our customers need. We have significantly expanded our compute capacity in recent weeks. We signed agreements with Amazon for up to five gigawatts of new capacity, with Google and Broadcom for five gigawatts of next-generation TPU capacity, and with SpaceX for access to GPU capacity in Colossus 1 and Colossus 2. Claude is the first frontier model available on all three of the world's largest cloud platforms: Amazon Web Services, Google Cloud, and Microsoft Azure. AWS remains our primary cloud provider and training partner," the company stated.

MU Monitor News

Micron Technology Surpasses $1 Trillion Market Value Amid AI Demand

May 29 2026

Micron Launches 1α DRAM Production, Boosting U.S. Memory Manufacturing

May 26 2026

Micron Technology rises as analysts recommend buying amid market pullback

May 20 2026

Micron Technology hits 5-day low amid sector weakness

May 18 2026

Micron Technology Falls Amid Broader Market Weakness

May 15 2026

Micron Technology stock declines amid memory chip price surge

May 12 2026

Micron's Market Cap Surges Amid Memory Price Boom

May 11 2026

Micron Technology Surges After Strong SSD Shipments

May 08 2026

MU Earnings Analysis

Micron Technology Earnings 2025: Record Revenue & AI Growth- Intellectia AI™
8 months ago
Micron Technology, Inc. Reports First Quarter Financial Results
1 years ago

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