$Micron Technology(MU)$  There are still many investors and analysts concerned that the current memory cycle might end sooner than expected. Still, I think the rising capex projections and growing infrastructure partnerships are finally convincing more people that memory chip makers like MU have more runway than previously thought. I'm noticing more industry observers telling the media that MU deserves a rerating. That's likely why the stock is finally moving up. My own view is that demand will outstrip supply growth for many years. The need for all types of memory and storage is growing exponentially and will continue for years, while production can only increase incrementally. This will keep driving prices higher, and MU should be able to pre-sell everything it can produce for the foreseeable future.