$Micron Technology(MU)$ There is a lot more to the Micron story than just today's share price and where it goes next week. Their pipeline and backlog of business and contracts through 2030 show the strength of this cash machine and the small group of suppliers coming online. Micron is an American story, with strong backing behind it. I don't think Apple will be using Chinese memory at scale anytime soon, unless they want to pay millions in tariffs and wipe out any savings. New foundry or competition coming anytime soon? Nope.
$Micron Technology(MU)$ Looks like it is consolidating here and building a base, which is healthy and normal given the insane run this one has had. I'm leaning very bullish on it long term.
$Micron Technology(MU)$ Still has a major AI-demand story behind it. Current coverage notes that Micron's 2026 HBM production is essentially sold out, while AI demand continues to consume available memory capacity. MU story? AI to more servers to more HBM/DRAM to tight supply to higher pricing is still intact.
$Dell Technologies Inc.(DELL)$ added to the long term portfolio this morning, helping it close at highs today. $Micron Technology(MU)$ contributed as well. Short term positions took a hit from the AI pullback, but still up 190% in 5 months.