Shyon
08-13 18:27
I remain bullish on $Micron Technology(MU)$ because AI has fundamentally changed the memory cycle. HBM has become a critical part of AI infrastructure, with stronger pricing, higher-value products and longer-term contracts. That explains why the market is now willing to value MU around the trillion-dollar level.

Deutsche Bank increasing its Micron exposure also caught my attention. I see this as part of a broader shift from simply owning $NVIDIA(NVDA)$ to investing across the AI infrastructure stack — compute, memory, networking and cloud. While 13F data isn't a direct buy signal, it reinforces the institutional interest in MU.

For the next three years, I would pick Micron for its higher growth potential. The stock will remain volatile, but if HBM demand and memory pricing stay strong, I believe MU still has plenty of room to grow.

@Tiger_comments @TigerStars @TigerClub @Capital_Insights

Micron Reclaims $1 Trillion Market Cap — Memory Rebound or Reversal?
Memory ran hard. $MU +4.92%, SK Hynix +9.01%, $SNDK +5.76%, $SOXL +6.89%. The bull case has three legs: risk appetite after CPI, Micron management saying AI memory tightness can run past 2027 — which had UBS calling a structural reset in through-cycle profitability — and the sell side following it up. The bear case is supply and guidance: CXMT is adding capacity, and SanDisk and Western Digital both fell two sessions after beating, on outlook. Same chips, opposite conclusions — the argument isn't demand any more, it's who gets to set the price.
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Comments

  • OgdenHerbert
    08-13 19:12
    OgdenHerbert
    I cleared all semi names already — HBM contract quality is where I'm stuck. If cloud spend cools even a bit, does MU still deserve this kind of premium?
    • Shyon: 
      If the things start to cool down, we do expect a significant pullback I believe
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