$Micron Technology(MU)$ I thin-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Micron Technology(MU)$ I think the "memory peak" call is early.

MU mentioned 100% of its 2026 HBM4 is already sold out, while customers are only getting around 60-70% of what they requested. TrendForce still sees DRAM staying tight through 2027. On top of that, there was reportedly around $6B of Korean chip selling forced by leveraged ETFs. MU, SNDK, SKHYV.

Price weakness isn't the same as demand weakness. Even if NVDA ends up trimming Rubin Ultra from 12-Hi to 8-Hi HBM to stretch limited supply across more GPUs, that doesn't suggest AI demand is slowing down. More accelerators still point to more scale-out connectivity. That's bullish for AAOI, LITE, COHR.

From where I stand, this looks like rotation and forced deleveraging, not the end of the memory cycle. The next 1-2 earnings cycles are the real test. If HBM stays constrained, server DRAM pricing holds, and hyperscaler capex remains elevated, I'd expect institutions to rotate back into memory. By the time Wall Street declares the correction over, MU and SKHYV may have already moved.

Follow my profile for more memory and AI infrastructure. NFA. DYOR.

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TrendForce still sees DRAM staying tight through 2027. On top of that, there was reportedly around $6B of Korean chip selling forced by leveraged ETFs. MU, SNDK, SKHYV.</p>\n<p>Price weakness isn't the same as demand weakness. Even if NVDA ends up trimming Rubin Ultra from 12-Hi to 8-Hi HBM to stretch limited supply across more GPUs, that doesn't suggest AI demand is slowing down. More accelerators still point to more scale-out connectivity. That's bullish for AAOI, LITE, COHR.</p>\n<p>From where I stand, this looks like rotation and forced deleveraging, not the end of the memory cycle. The next 1-2 earnings cycles are the real test. If HBM stays constrained, server DRAM pricing holds, and hyperscaler capex remains elevated, I'd expect institutions to rotate back into memory. By the time Wall Street declares the correction over, MU and SKHYV may have already moved.</p>\n<p>Follow my profile for more memory and AI infrastructure. NFA. DYOR.</p>\n<p><img src=\"https://community-static.tradeup.com/news/0358c55e12c84d3992696d5c5ad23885\" tg-width=\"1200\" tg-height=\"858\"></p></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/S/MU\">$Micron Technology(MU)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;I think the \"memory peak\" call is early.</p>\n<p>MU mentioned 100% of its 2026 HBM4 is already sold out, while customers are only getting around 60-70% of what they requested. TrendForce still sees DRAM staying tight through 2027. On top of that, there was reportedly around $6B of Korean chip selling forced by leveraged ETFs. MU, SNDK, SKHYV.</p>\n<p>Price weakness isn't the same as demand weakness. Even if NVDA ends up trimming Rubin Ultra from 12-Hi to 8-Hi HBM to stretch limited supply across more GPUs, that doesn't suggest AI demand is slowing down. More accelerators still point to more scale-out connectivity. That's bullish for AAOI, LITE, COHR.</p>\n<p>From where I stand, this looks like rotation and forced deleveraging, not the end of the memory cycle. The next 1-2 earnings cycles are the real test. If HBM stays constrained, server DRAM pricing holds, and hyperscaler capex remains elevated, I'd expect institutions to rotate back into memory. By the time Wall Street declares the correction over, MU and SKHYV may have already moved.</p>\n<p>Follow my profile for more memory and AI infrastructure. NFA. DYOR.</p>\n<p><img src=\"https://community-static.tradeup.com/news/0358c55e12c84d3992696d5c5ad23885\" tg-width=\"1200\" tg-height=\"858\"></p></body></html>","text":"$Micron Technology(MU)$ I think the \"memory peak\" call is early. MU mentioned 100% of its 2026 HBM4 is already sold out, while customers are only getting around 60-70% of what they requested. TrendForce still sees DRAM staying tight through 2027. On top of that, there was reportedly around $6B of Korean chip selling forced by leveraged ETFs. MU, SNDK, SKHYV. Price weakness isn't the same as demand weakness. Even if NVDA ends up trimming Rubin Ultra from 12-Hi to 8-Hi HBM to stretch limited supply across more GPUs, that doesn't suggest AI demand is slowing down. More accelerators still point to more scale-out connectivity. That's bullish for AAOI, LITE, COHR. From where I stand, this looks like rotation and forced deleveraging, not the end of the memory cycle. The next 1-2 earnings cycles are the real test. If HBM stays constrained, server DRAM pricing holds, and hyperscaler capex remains elevated, I'd expect institutions to rotate back into memory. By the time Wall Street declares the correction over, MU and SKHYV may have already moved. Follow my profile for more memory and AI infrastructure. NFA. 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