$Micron Technology(MU)$ I think this uptrend will continue through at least this year, and we could see $1000 a share by year-end. Sell if you want, it might dip some, but that doesn't seem justified based on demand and margins. It's a perfect storm of insane demand, and Micron controls the vital helium supply needed for production. Foreign competitors can't get it due to geopolitical conflict, namely the straits blockade. Also, one of their main rivals, Samsung, is dealing with a strike. So $1000 a share isn't a stretch.

$Micron Technology(MU)$ MU has had a strong run over the past six weeks. There are a number of positive indicators looking forward. The guidance from hyperscalers on AI infrastructure spending is clear, demand is outstripping supply. Memory prices are increasing, and there are multi-year supply agreements in place. Probably need to wait for the next earnings report on June 24th for more clarity. For now, might as well get out the rally pipe and watch the show here.

$Micron Technology(MU)$  If China reopens for MU, that would be a huge plus for the stock.

$Micron Technology(MU)$ The $1 trillion market cap is here. I think we'll see a $2 trillion market cap within 12 months.

$Micron Technology(MU)$  Bank of America's $950 price target seems very attainable, in my view.

$Micron Technology(MU)$ Micron trades at roughly 9x earnings. The SandP is trading at roughly 21x earnings. We are in good shape.

$Micron Technology(MU)$  I have nearly $200K invested in Micron Technology, and I’m running a leveraged position. I think it’s truly a hidden gem, and in the near term, it’s going to outshine the rest. Good luck to everyone… especially the shorters.

$Micron Technology(MU)$ The momentum is just too strong. Everyone posted solid numbers. The hype feels real — and this isn't some penny stock. It's a massive company with truly impressive fundamentals. Still undervalued at these levels. NVIDIA is next in line. Many are still looking to add shares before the next move.

$Micron Technology(MU)$  Whatever happens in the short term is largely irrelevant as the long-term thesis remains intact. Hold through the bumps. Micron is positioned right at the center of a perfect storm of market factors, which should drive demand for their products through the roof for the rest of this year and at least half of the next, by the most conservative estimate. Dips will happen, but hitting 1000 and even 1500 for Micron feels effectively inevitable, barring a truly major market-shaking event.

$Micron Technology(MU)$  The person on CNBC is wrong in saying memory is easy to make. That's dead wrong. Memory is actually very hard to produce. Most talking heads on TV have no clue how difficult it is to manufacture leading-edge memory. These are vertically integrated companies with highly specialized fabs that get refreshed every 3 to 5 years with the latest 3D processes. Even TSMC wouldn't dare try to offer DRAM or NAND processes. The moat for Micron is real.

$Micron Technology(MU)$  The dot-com bubble lacked profits. MU, on the other hand, is the real deal with actual profits.

$Micron Technology(MU)$ Compare the earnings metrics and valuation of AVGO to MU, and you'll see that MU should easily be a 2 trillion market cap in my opinion. It's a cheap stock based on fundamentals. The disconnect on Wall Street is that they don't yet comprehend that memory is not cyclical like before. AI demands will carry margins for years to come, with agentic and then robots after that. It could be 5 years of these margins and tri-opoly.

$Micron Technology(MU)$  I'm hoping MU can reach SNDK's price level.

$Micron Technology(MU)$  It would be great if MU could become a trillion dollar company.

$Micron Technology(MU)$ MU looks ready to surpass TSLA as the new magnificent 7.

$Micron Technology(MU)$ It's worth noting that around 550 million shares, about half the float, are held by institutional index and ETF funds. These institutions will need to rebalance their funds at the end of Q2 in June. Most of these funds are weighted by market cap, and since Q1, MU's market cap has more than doubled. This will give MU a significantly larger weight in these funds and will “require” many institutions to buy more shares to weight them appropriately. If the price reaches $1000 by the end of June, they'll need to buy even more. That's a positive development.

$Micron Technology(MU)$  Given the momentum, we could see it hit 800+ by Monday. If not then, it should be there by Friday.

$Micron Technology(MU)$  What a week, right? Plenty of opinions on what comes next. I tend to focus on the numbers. In the end, the stock price follows the economic performance. We know there's a beat and raise coming in June, with raised FY27 guidance as well. A bit more clarity on FY28 would be helpful. The bottom line is the earnings are great and still improving. Assuming earnings for the year move from $58 currently to $70, we're looking at a 10.7 PE. FY27 sits at $101. That's low. Assuming $120, that's a 6.2x multiple. Even without any re-rating of the valuation due to the so-called removal of cyclicality (which I find a bit dubious), MU should eventually trade towards 12-13x FY27 earnings. If those claiming

$Micron Technology(MU)$ If MU doubles, its 12-month forward PE would only be 15.2 with a PEG of 0.52. Let that sink in. A double from there, which would be 4x from today's price, would still only give it a PE of 30.4 and a PEG right at 1.04. That's a very fair valuation for any AI stock, even at four times the current price. Try to find a decent AI stock with a 30 forward PE and a PEG at 1.0—you can't. That's likely why the smart money is moving into MU now. Do your own research and check these metrics for NVDA, INTC, or any other company you follow. The current “discount” to fair value seems tied to the perceived cyclicality of chip stocks. I'm not convinced that holds true anymore.

$Micron Technology(MU)$ Big winners typically don't go straight up. They run, then pull back to shake out weak hands, reset, and then continue moving higher.