The emergence of AI has unleashed a tidal wave of demand for memory and storage solutions, thrusting companies like Micron Technology into a position of critical importance. AI systems -- especially the massive and ever-expanding LLMs -- are voracious consumers of memory. These systems thrive on speed and capacity; the more advanced and robust the memory, the better their performance. In this dynamic, Micron isn't just a participant -- it’s a cornerstone of AI’s meteoric rise.At the core of Micron’s strategy lies its focus on high-bandwidth memory (HBM), a product so essential that AI heavyweights like $NVDA & $AMD rely on it to fuel their groundbreaking innovations. The demand is insatiable. Micron’s production capacity for HBM is fully tapped, a clear signal of immense growth potenti
Micron Plunge Post Earnings: Is $85 a Solid Buy?
Micron Technology is down more than 16% after hours on Wednesday after the Idaho-based chipmaker reported weaker-than-expected earnings and grim outlook. ------------ Is it oversold? Would you buy the dip at $85? What's the fair price?
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