Micron growth likely to go hand in hand with Nvidia's as news has come out that GPUs are DRAM hungry as well.
Be it Hopper or Blackwell or Rubin from Nvidia, or Google's TPUs, or Apple's M series chips, or Tesla's Dojo - they will all need DRAM.
Bear in mind memory is very cyclical, capacity tends to get built out in excess, and the glut in supply leads to drop in prices so revenue growth slows.
I think we are still in the ramp up phase so we should see Micron perform well for 2-3 quarters.
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- fluffzo·06-25Makes senseLikeReport