Chase the high: The FOMO rocket strategy. If the AI bottleneck has shifted from compute to storage, Micron isn't overvalued. It is just getting started. AI cannot think without memory & Micron holds the key to the physical vault. If you wait for a pullback that never comes, you will be left behind on Earth watching the stock march to a USD 1.5 trillion valuation.
Wait for Pullback: Memory fabrication plants take years to build but supply always catches up eventually. Waiting for a healthy 10% to 15% consolidation isn't being a coward. It is being a disciplined investor waiting for the right entry point.
The Verdict: The storage supercycle is the most solid it has ever been in history, backed by real contractual cash flows. The trend is solid but the current entry price is not.
I would use a dollar cost averaging strategy using Tiger Brokers' Auto Invest.
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