$Micron Technology(MU)$ This looks like it has been bottoming on the weekly. I would be careful with shorting here, and locking in some profits seems reasonable.
$Micron Technology(MU)$ Not much to focus on right now. The sector is just moving sideways with the broader market, and we're waiting for things to settle back into a more rational range. That could take a while. NVDA, MSFT, and AVGO went through the same kind of phase, and it's still our turn. Know what you own and hold, or you may regret it later.
$Micron Technology(MU)$ Wall Street doesn't seem willing to give this a higher multiple for whatever reason. It doesn't really matter how good the numbers are.
$Micron Technology(MU)$ Revenue up 379% year over year, gross margins climbed to 87%, 26 strategic customer agreements, and over 75% of its 2027 capacity already sold out. MU also plans to return 100% of its excess cash to shareholders through buybacks. I'm looking at a $1900 price target.