Micron Technology & Salesforce

Micron Technology: Micron Technology recently joined the club of behemoth companies, also riding the AI wave, indicating the broad impact of AI on the semiconductor industry.

Salesforce: Salesforce fell despite reporting better-than-expected profit, due to investor worries about AI-powered rivals impacting its business.

Micron Technology: Micron Technology shares rose 2.4%, contributing to the bounce back of semiconductor stocks.

Salesforce: Salesforce was down between 2.2% and 3%, contributing to the pressure on software shares.

Micron Technology: Micron Technology's shares advanced significantly, becoming a major force lifting the S&P 500, after analysts raised their price target due to continued strength in demand for computer memory. It also topped a $1 trillion valuation.

Salesforce: Salesforce's stock fell, leading losers in the Dow Jones Industrials among software companies.

Micron Technology: Micron Technology rose significantly, vaulting past the $1 trillion valuation mark, as it rides the artificial intelligence wave.

Salesforce: Salesforce fell despite reporting better-than-expected profit, due to investor worries about AI-powered rivals impacting its business.

Micron Technology: Micron is a chipmaker, affected by market sentiment but not the crisis.

Salesforce: Salesforce is a software company, affected by market sentiment but not the crisis.