MU stock- A Bridge to Nowhere?
Its going to take time to prove that Micron is not going to be cyclical. It took even dr.sue 3 years to turn around and get on the right path. Both Sanjay and Dr. Sue had to make huge changes and it so far has worked in their favor.
I think micron is heading the right direction to combat the unstable market by diversifying their customer portfolio, and creating the customized solutions like with the ddr6x with Nvidia.
If they keep going this route. If one or to markets fail they at least won't have 35% of their profit from one company. Also if they keep producing custom work that takes years to develop, it not like the customer can easily just go to another company.
Its hard to break 20+ years of up and down experience and just hop aboard Micron just because the say so. They will have to prove it.$Micron Technology(MU)$
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Ok