Sean Tee
07-17 00:47
$Micron Technology(MU)$  Good shopping day to up Micron shares. 

More drop purchase more, prepare cash for a a further drop, if it has chance to test 800 ground this month, grateful for the opportunity to accumulate it.

I am not selling it until a 'clear sign in data' of slowing in AI development or reduce capex in 

hyperscaler. All the noises lately are the given opportunity for us to accumulate even more shares.

Lately news about Chinese's firm on competition on the memory sector is all noise. It will not going to happen in years as latest HBM technologies required huge capital and it's so MOAT. SK Hynix and Samsung would not threaten Micron's earning, they are the good assistants for Micron to swallow and resolve the bottlenecks shortage HBM and DRAM in the market. 

In conclusion, dropping more buy more aggresively as the EPS is real and it is not a hype or story teller share. 3 years Investment horizone long hold it for good sake until a clear sign of slowing down translated in 'data'. 

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

We need your insight to fill this gap
Leave a comment