Micron Overtakes Nvidia, Tesla as Most Traded US Stock with $70B Daily Turnover
Micron's daily turnover surpassed $70 billion for the first time, making it the most traded US stock and overtaking Nvidia and Tesla. The stock has surged 268% year-to-date and is the largest contributor to the S&P 500's 2025 gain.
Daily turnover in Micron (MU) stock exceeded $70 billion for the first time, propelling it past Nvidia (NVDA) and Tesla (TSLA) as the most actively traded US stock. According to data, this metric has surged roughly 1,100% since the start of 2026.
Neither NVDA nor TSLA recorded daily turnover above $70 billion over the past 12 months. Micron has become the center of the AI trade, with the stock up 268% year-to-date and accounting for the largest single-stock contribution to the S&P 500's +7.5% advance this year.
Source: The Kobeissi Letter