Tech Trends: May 27 (5 stories)
Wednesday, 27 May 2026 Daily Technology GLOBAL
Here is your Daily summary for Technology across the world for Wed 27th May 2026
Micron Technology Inc. has seen its market capitalization surge by 700% over the past year, with UBS projecting it could reach $1.8 trillion in the next 12 months, highlighting the growing demand for semiconductors. Meanwhile, Honeywell-backed Quantinuum is aiming to raise $1.05 billion in its IPO, reflecting strong investor interest in quantum computing.
In other developments, SpaceX's Starlink secured a contract with American Airlines to equip over 500 Airbus planes with its internet service, bolstering its IPO prospects. Additionally, Qualcomm is set to supply chips to ByteDance for AI data centers, underscoring the tech giant's pivotal role in powering emerging technologies.
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Micron Shares Rally, UBS Projects $1.8 Trillion Market Value
Bloomberg Technology 26 May 2026, 3:20pmMicron Technology Inc.’s market capitalization, which has soared about 700% over the past year, will more than double over the next 12 months, according to at least one analyst.
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Honeywell-Backed Quantinuum Seeks to Raise $1.05 Billion in IPO
Bloomberg Technology 26 May 2026, 11:00amQuantinuum Inc., a quantum computing company backed by Honeywell International Inc., is seeking to raise $1.05 billion in its US initial public offering, capitalizing on investor enthusiasm for the technology.
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SpaceX’s Starlink nabs American Airlines contract, another win for its IPO
TechCrunch 26 May 2026, 6:48pmAmerican Airlines said Tuesday it plans to install Starlink on more than 500 Airbus aircraft, the latest carrier win for IPO-bound SpaceX.
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Qualcomm to Supply Chips to TikTok Owner ByteDance
Bloomberg Technology 26 May 2026, 3:43pmQualcomm will supply chips to TikTok owner ByteDance for artificial intelligence data centers, according to people familiar with the matter. Ian King helped break the story and he reports on "Bloomberg Tech." (Source: Bloomberg)
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TechCrunch Disrupt 2026 Early Bird ticket rates end May 29
TechCrunch 26 May 2026, 2:00pmSave up to $410 on your TechCrunch Disrupt 2026 pass before prices increase on May 29 at 11:59 p.m. PT. Register here to join the tech epicenter in San Francisco.