$Micron Technology(MU)$ it requires the AI bubble to continue to inflate at least through 2025. I doubt MU can recover the non-recurring engineering cost of the new product that quickly, even with margins. I think we've seen peak AI/GPU/ $NVIDIA Corp(NVDA)$ for this cycle.
We may see new and larger cycles a few years down the roads, overall I'm optimistic about AI, but this one seems already past the sell-by date, perhaps literally.
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