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 data solutions. In the coming future, with geopolitical tensions, I feel that in the US, $Micron Technology(MU)$ will be the dominant player. $Micron Technology(MU)$ is also really smart by doing design and fabs. I'm also seeing that $Micron Technology(MU)$ is investing many billions into fabs. This makes $Micron Technology(MU)$ very capex heavy and can contribute to their valuation.
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