To The Moon

$Micron Technology(MU)$ Q3 report blew past expectations—a really notable development. The company posted adjusted EPS of $1.91, easily beating estimates of $1.60, and revenue surged 37% year-over-year to $9.3 billion, topping forecasts of $8.86 billion. That level of upside made me pause—it’s rare to see such strong demand in memory chips, and Micron is clearly riding the wave.

What caught my eye most was Micron’s Q4 guidance—$2.50 EPS on $10.7 billion revenue, well above Wall Street’s $2.03 and $9.9 billion estimates. That forward-looking confidence indicates persistent demand, primarily in AI-heavy data centers, thanks to their new HBM4 high-bandwidth memory products. In my view, Micron is no longer just a commodity memory maker—it’s gaining momentum as a key enabler of next-gen AI workloads. When market data and fundamental strength align so neatly, I sit up and take notice.

Volume surging on earnings is a strong sign of institutional interest. I’ll be watching for an entry on a day-two confirmation—ideally, a gap-up open that holds and gains more, showing real follow-through.

Important notes

On the bullish side:

• Micron is critical to AI infrastructure build-out—a space with long-term runway.

• Its balance sheet remains strong, and margins are improving due to pricing power in HBM memory.

• Strong institutional backing.

But I’m also cautious:

• Memory markets can be cyclical—if AI demand cools or supply increases significantly, pricing could shift.

• Macro factors like interest rates or geopolitical trade issues might impact the semiconductor supply chain.

• Today’s rally is based on Q3/FY guidance; I’ll want to see Q4 results in late August to confirm.

MU Weekly Chart

I’d look to add partial exposure if MU pulls back toward $122–$124, using that zone as my tactical entry while setting a stop just below $120. If MU clears and closes above $130 on strong volume, I’d add more, treating $130 as our new “launch pad” and eyeing $140 next. A break and close back below $120 would make me step aside—taking profits or tightening my stops.

In summary, Micron isn’t just chasing flash-in-the-pan gains; its HBM4 and DDR5 chips are central to the next wave of AI compute. Micron’s latest earnings also confirmed the AI-memory thesis. I’m looking for dips into $122–$124 to initiate or add, and watching for a clear close above $130 to signal my next buying wave toward $140+.

@MillionaireTiger @Tiger_comments @Daily_Discussion @CaptainTiger @TigerSG

Disclaimer: This is a general analysis and not financial advice. Always conduct your own research before making any investment decisions.