The Kobeissi Letter(@KobeissiLetter):Micron is officially the most traded stock in the US. Daily turnover in Micron stock, $MU, surpassed $70 billion for the first time, making it the most traded stock in the US. This metric has surged +1,100% since the start of 2026. This also puts Micron ahead of both Nvidia, $NVDA, and Tesla, $TSLA, two of the most actively traded US stocks in 2025. To put this into perspective, neither $NVDA nor $TSLA exceeded $70 billion in daily turnover over the last 12 months. This comes as $MU has surged +268% year-to-date and has been the biggest contributor to the S&P 500’s +7.5% gain so far this year. Micron has become the center of the AI trade.

2026.06.25 19:10

Micron is officially the most traded stock in the US. Daily turnover in Micron stock, $MU, surpassed $70 billion for the first time, making it the most traded stock in the US. This metric has surged +1,100% since the start of 2026. This also puts Micron ahead of both Nvidia, $NVDA, and Tesla, $TSLA, two of the most actively traded US stocks in 2025. To put this into perspective, neither $NVDA nor $TSLA exceeded $70 billion in daily turnover over the last 12 months. This comes as $MU has surged +268% year-to-date and has been the biggest contributor to the S&P 500’s +7.5% gain so far this year. Micron has become the center of the AI trade.