It is not over bought and not over priced. $Micron Technology(MU)$ stated that forward EPS 8.42 multiplied by 4 equals 33.68, then multiplied by PE 15 gives 505.20. This seems a fair valuation. What do you think?
$Micron Technology(MU)$ Anyone caught Jensen's interview 48 hours back? Dude was spitting fire about HBM integration, talking full-stack chip redesign to shift vanilla computing into AI territory.
$Micron Technology(MU)$ TSMC, Hynix, and Intel all reported huge earnings beats and forecast strong coming quarters. This indicates that AI-driven hardware demand hasn't peaked yet and is still growing quickly, so a fantastic earnings is guaranteed for MU.
$Micron Technology(MU)$ A microchip contains 30 to 40 billion transistors. Laser photolithography minimizes the size to 5x5mm, with the top modern process taking 3 to 6 months per production cycle. So, MU is a great chip maker company, and technology is probably surging, with demand for key elements hitting... within half a year soon.
$Micron Technology(MU)$ Market makers can’t wait to buy the shares that paper-handed retail investors are going to sell. Consider this, market makers profit by inversing the obvious strategy. If it were that easy to make money by following what’s obvious, then everyone would be rich, laugh out loud.
$Broadcom(AVGO)$ 's semiconductor revenue just doubled annually, while $Micron Technology(MU)$ is poised to capture 30% market share with its energy-efficient HBM4. Similar performance can be expected from other industry leaders.
$Micron Technology(MU)$ The average price target stands at $530. Consider the forward-looking PE of 6.8. That is quite remarkable. Can you find another company growing its top and bottom line at this rate while trading at such a multiple? It is exceptionally inexpensive. The Street is engaging in tactics to stir sentiment. Conduct your own research, yet these figures are factual.