The CEO of Perplexity just said Micron could surpass Meta in market value and he was being conservative (Save this).
Milk Road AI Twitter · Milk Road AI (@MilkRoadAI) · 2026-06-21
Perplexity CEO publicly predicts Micron's market cap will surpass Meta's, calling his forecast conservative, as Micron reaches ~$1.28T versus Meta's ~$1.52T after nearly 1,000% growth.
Appears in
Extraction
Topics: semiconductor-stocksmarket-capai-infrastructure-investmentmicron
Claims
- Perplexity's CEO stated that Micron could surpass Meta in market value and described his own prediction as conservative.
- Micron's market cap currently sits at approximately $1.28 trillion.
- Meta's market cap is approximately $1.52 trillion, leaving a gap of less than $250 billion.
- Micron's stock is up nearly 1,000%.
Key quotes
The CEO of Perplexity just said Micron could surpass Meta in market value and he was being conservative (Save this).
Micron's market cap sits at approximately $1.28 trillion, Meta is at roughly $1.52 trillion and the gap is less than $250 billion and Micron is up nearly 1,000%