$Micron Technology(MU)$ SA MuU

SA MuU gains as Baird upgrades on HBM strength; adds to top semi idea......

DRAM pricing is stronger than previously expected with increasing mix of premium-priced DDR5, while HBM3E has the potential to generate 60%+ gross margin for Micron next year," Gerra added. He raised his rating on Micron to Outperform and bumped his price target to $150 from $115.

There is the belief that as high-bandwidth memory use turns into a "super cycle," it could result in 20% of Micron's total dynamic random access memory revenue by 2025, with 150% growth expected next year, Gerra added.

Micron is also seeing an "improving mix" of its double data rate product, DDR5, which now accounts for more than 50% of the company's production, Gerra said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

AmandaViolet
05-08
AmandaViolet
$150 price target.
TengMA
05-08
TengMA
I agree with Baird's upgrade on Micron.
NING667
05-08
NING667
Keep it up!
Tom Chow
05-09
Tom Chow
good

Leave a comment

1954

624

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":303680927207424,"tweetId":"303680927207424","gmtCreate":1715159268866,"gmtModify":1715178527913,"author":{"id":9000000000000597,"authorId":9000000000000597,"authorIdStr":"9000000000000597","name":"EricVaughan","avatar":"https://static.tigerbbs.com/9cc6c50814de5ac8ec7cd0ae334fd125","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":37,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body> <a data-mention-id=\"MU\" class=\"teditor-mention\" data-mention-name=\"Micron Technology\" href=\"https://ttm.financial/S/MU\">$Micron Technology(MU)$</a> <v-v data-views=\"1\"></v-v> SA MuU gains as Baird upgrades on HBM strength; adds to top semi idea......DRAM pricing is stronger than previously expected with increasing mix of premium-priced DDR5, while HBM3E has the potential to generate 60%+ gross margin for Micron next year,\" Gerra added. He raised his rating on Micron to Outperform and bumped his price target to $150 from $115.There is the belief that as high-bandwidth memory use turns into a \"super cycle,\" it could result in 20% of Micron's total dynamic random access memory revenue by 2025, with 150% growth expected next year, Gerra added.Micron is also seeing an \"improving mix\" of its double data rate product, DDR5, which now accounts for more than 50% of the company's production, Gerra said.</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"MU\" class=\"teditor-mention\" data-mention-name=\"Micron Technology\" href=\"https://ttm.financial/S/MU\">$Micron Technology(MU)$</a> <v-v data-views=\"1\"></v-v> SA MuU gains as Baird upgrades on HBM strength; adds to top semi idea......DRAM pricing is stronger than previously expected with increasing mix of premium-priced DDR5, while HBM3E has the potential to generate 60%+ gross margin for Micron next year,\" Gerra added. He raised his rating on Micron to Outperform and bumped his price target to $150 from $115.There is the belief that as high-bandwidth memory use turns into a \"super cycle,\" it could result in 20% of Micron's total dynamic random access memory revenue by 2025, with 150% growth expected next year, Gerra added.Micron is also seeing an \"improving mix\" of its double data rate product, DDR5, which now accounts for more than 50% of the company's production, Gerra said.</body></html>","text":"$Micron Technology(MU)$ SA MuU gains as Baird upgrades on HBM strength; adds to top semi idea...... DRAM pricing is stronger than previously expected with increasing mix of premium-priced DDR5, while HBM3E has the potential to generate 60%+ gross margin for Micron next year,\" Gerra added. He raised his rating on Micron to Outperform and bumped his price target to $150 from $115. There is the belief that as high-bandwidth memory use turns into a \"super cycle,\" it could result in 20% of Micron's total dynamic random access memory revenue by 2025, with 150% growth expected next year, Gerra added. Micron is also seeing an \"improving mix\" of its double data rate product, DDR5, which now accounts for more than 50% of the company's production, Gerra said.","highlighted":1,"essential":1,"paper":1,"likeSize":1954,"commentSize":4,"repostSize":624,"favoriteSize":0,"link":"https://ttm.financial/post/303680927207424","repostId":0,"isVote":1,"tweetType":1,"viewCount":12881,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["MU"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":true,"length":633,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":303752846217384,"gmtCreate":1715178771480,"gmtModify":1715325029010,"authorId":9000000000000715,"author":{"id":9000000000000715,"authorId":9000000000000715,"name":"AmandaViolet","avatar":"https://static.tigerbbs.com/9671f135f0b7c64fec1d2f9daa1471b0","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":303680927207424,"type":1,"supId":0,"prevId":0,"content":"$150 price target.","text":"$150 price target.","html":"$150 price target.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":303753277386960,"gmtCreate":1715178775011,"gmtModify":1715325028894,"authorId":3479274771139030,"author":{"id":3479274771139030,"authorId":3479274771139030,"name":"TengMA","avatar":"https://static.laohu8.com/picture99","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":303680927207424,"type":1,"supId":0,"prevId":0,"content":"I agree with Baird's upgrade on Micron.","text":"I agree with Baird's upgrade on Micron.","html":"I agree with Baird's upgrade on Micron.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":303752915423320,"gmtCreate":1715178773116,"gmtModify":1715325028955,"authorId":3479274765978906,"author":{"id":3479274765978906,"authorId":3479274765978906,"name":"NING667","avatar":"https://static.laohu8.com/picture94","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":303680927207424,"type":1,"supId":0,"prevId":0,"content":"Keep it up!","text":"Keep it up!","html":"Keep it up!","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":303797602324520,"gmtCreate":1715189680248,"gmtModify":1715189683665,"authorId":4156573848876002,"author":{"id":4156573848876002,"authorId":4156573848876002,"name":"Tom Chow","avatar":"https://community-static.tradeup.com/news/b85f5e5acfe3f789a38fe740b486781c","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":303680927207424,"type":1,"supId":0,"prevId":0,"content":"good","text":"good","html":"good","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/303680927207424"}