I've been watching $Micron Technology(MU)$ for only a short time, a couple of months. I was mainly looking at AMD before, but now I found this stock that is worth hundreds more than its current price. This is the case even though it has gone from 225 before the earnings report to now just passing 400. This is an absolutely amazing increase that was extremely well deserved for this high quality stock. It has one of the lowest FPEs and PPEs (a new metric I created; if interested, ask about it). In previous analysis I made, I concluded $Micron Technology(MU)$ was gaining significant market share and that it will probably continue this way in my opinion. They are pretty much the only US competitor in
$Micron Technology(MU)$ May will shine like sunshine. This has nothing to do with INTC. Consider NVDA and other AI stocks. MU is a strong buy! Its fundamentals are very strong.
DRAM has transitioned from a commodity to a Giffen Good, a shift relevant for $Micron Technology(MU)$ shareholders. Why? Because it grants exceptional earnings power. The income effect shows a "survival" flip: in 2026, DRAM acts as an inferior good uniquely. A data center has a fixed budget, say $1 Billion. When DRAM prices double, that budget buys less. To maintain operations, firms prioritise DRAM purchases. This avoids business extinction amid disruptions. No substitutes exist: NAND cannot replace DRAM in 2026. DRAM becomes a "luxury necessity" in the data economy. Logically, this aligns.