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Posted on 06/25/2026 6:26:19 AM PDT by TheDon
BOISE, Idaho — Micron’s rapid rise in market value is now hitting home for employees in the Treasure Valley, with some seeing enough gains to retire early or add thousands of dollars to their finances.
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One Boise-based financial planner said that kind of growth was historic for the Treasure Valley.
"A lot of these Micron employees are just common people that we live next to, but underneath the surface, most of them are overnight millionaires," said JT Belnap of Treasure Valley Financial Planning
Belnap said many people still do not realize how valuable Micron has become nationally.
"I've talked to so many people. I'm like, 'do you know depending on the day Micron is in the top 10 to 15, valued company in the entire country,' and most people have no idea," he said.
Belnap explained that about six months earlier, his office started focusing more on Micron workers as clients.
He said it had been rewarding to watch everyday workers benefit from the company’s growth.
"It's so cool just to see good, everyday, hardworking people that are slugging away every day, working hard, and then all of a sudden - they're really reaping the rewards of their collective effort," Belnap said.
Micron topped a $1 trillion market value in May, driven by artificial intelligence demand for its memory chips.
One year earlier, its stock was around $100 a share. It was later hovering above $1,000 and peaked at $1,200 on Monday, June 22.
"It's powerful because these are our friends and neighbors that live right next to us that are benefiting from this, and the other cool part, and why I wanted to tell this story - this is years in the making," Belnap said.
Micron began in 1978 as a four-person semiconductor design company in the basement of a Boise dental office. It has since grown into a company with thousands of employees.
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The only American company to survive in the up and down memory market!
This is Capitalism at work. The next time some obese, blue-haired, tattooed, gender-fluid, Democratic Socialist of America activist starts screaming about how Capitalism exploits American workers - point to this story (if you can get them to shut up for a minute). This is the true magic of Capitalism - wealth is created out of nothing, How? Though the miracle of productivity and innovation. The same way that we went from riding horses to driving in cars with air conditioning or taking covered wagons across country to flying across country in a couple hours. This company started from nothing - nothing - and employed thousands and turned many of them into millionaires. Explain when Socialism ever did that.
We lived in Austin Texas in the 1990s. Same thing happened with employees of Dell computer. They called themselves Dellionaires. Janitors, maintenance people. Everybody that worked there.
Honestly, there are no poor people in America except for the mentally ill or drug addicts who choose to be poor. The country is much richer than it was a generation ago.
There was no achievement here that caused this stock spike. Merely an extreme distortion of the Supply/Demand curve for RAM due to $2 trillion in AI spending. One year ago today, you could get 32GB of DDR5 RAM for $56 on NewEgg, etc. Today? Don’t ask.
They should diversify their investments. I’m assuming the AI bubble will at some point pop, and the demand (and price) for RAM will drop precipitously.
> the demand (and price) for RAM will drop precipitously.
always get more ram than you think you need. look the highest tier your machine can support and get the limit of what you can afford. If your machine is upgradeable and you are handy with DIY, check the secondary market to see how the manufacturers price compares, maybe you can DIY upgrade (sadly no DIY on Apple).
Having an excess of RAM is a time saver bar none.
which is why Apple has to resort to raising prices of their products...
Memory-maker Micron has found a way to keep prices for its products sky-high for another five years
socialism has turned a lot of useless, bloviating politicians into millionaires as well (at the expense of Micron’s employees and many other taxpayers)
Yes, congrats to those lucky employees! Now they’d better arrange for competent, trustworthy financial advisers.
Once you are worth 5-10 million it is just a matter of putting it in Money markets and bonds. 3.5-5% interest on 5 million is typically enough for 95% of people to live on for the rest of their life. As long as they don’t start buying multiple houses, Porsche(s), boat(s), etc. Or hire all their Bro’s to take care of their stuff.
This is why 50% of NBA and NFL players are broke within ten years of the end of the professional sporting careers. Even though they made millions in a very short time period. Same story with many lottery winners.
Yeah, I think it is over $400 now. And Crucial (Micron) has stopped making consumer RAM. They are making RAM for AI Data Centers.
“Memory-maker Micron has found a way to keep prices for its products sky-high for another five years”
I’ll take the under on five years of high margins for MU.
Isn’t it up 1,000% this year? These folks were already millionaires.
I have been buying this stock since last Feb, 2025. It has more than doubled in that time.
Baby mommas is what keeps most of the NBA broke.
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