Micron Gives Back 5.9% — Was the Memory Rally Just Two Days?

Memory pulled back Friday: Micron −5.90%, SK Hynix −3.54%; SOXL closed flat, then +4.42% after hours. Read it as digestion of Thursday's spike — the session KOSPI ran up 18%. Micron is still ~39% off its highs, and the sell side splits between "high-risk, high-reward" accumulation and refusing the dip outright. SanDisk and Western Digital report Wednesday. Customers confirm the shortage, but the tape just gave back gains — bounce or trend?

avatarShyon
08-04 10:29
I welcome the rebound in technology stocks, but I don't think one strong session means the correction is over. Strong earnings from Microsoft and Amazon reinforce my confidence that AI spending is generating real returns, while the rebound in Korean and Taiwanese chip stocks suggests much of the recent selling was driven by deleveraging. I still believe the recovery is more likely to be U-shaped than V-shaped. Confidence and valuations need time to recover, and I want to see broader participation, stable bond yields, and more earnings confirming AI monetization. For now, I'm staying patient and continuing to build positions in high-quality AI companies during weakness instead of chasing rallies. If future pullbacks hold above recent lows, I'll become even more confident in the next leg of
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avatardaz999999999
08-04 08:04
$Micron Technology(MU)$   Is Micron Stock Undervalued Right Now Micron trades at under six times forward earnings right now, and its heavily locked-in revenue explains a lot of the case for the stock staying undervalued.  The company has secured over $100 billion in long term supply contracts, plus roughly $22 billion in customer prepayments, and a lot of that revenue does not move around with short term memory pricing the way it used to. Sumit Sadana, Micron Chief Business Officer, said: “These strategic customer agreements cannot be canceled. There is no provision in this agreement to allow a customer to walk away.” That kind of structure explains a big part of why the Micron stock undervalued argument kee
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avatardaz999999999
08-03 22:54
$Micron Technology(MU)$   Micron Stock Forecast And AI Demand Outlook Amazon raised its 2026 capital expenditure guidance to $220 billion, up from $200 billion, and pointed straight at higher memory chip costs as the reason why.  That is basically the Micron AI demand story in one sentence, and it explains a big reason the stock forecast still points higher even after this week’s pullback. Micron’s own leadership has said as much too, more than once, at the time of writing. A Sharpe Ratio is expected in the next coming weeks, Micron Technology (MU) will go on a huge rally for 6 - 8 weeks.
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avatarTiger_comments
08-03 19:44

Oil Pulls Back, the Yen Rebounds, and AI Earnings Improve: How Far Can the Tech Rally Run?

Global risk sentiment improved today. Oil prices continued to retreat, easing concerns about energy-driven inflation and higher interest rates. The yen strengthened sharply as intervention expectations grew, temporarily reducing the risk of disorderly currency moves. Strong earnings from Microsoft and Amazon also gave investors more confidence that some AI spending is already producing revenue. Several pressures that had weighed on technology stocks are now easing at the same time. The next test is whether this rebound can gain sustained support from earnings, cash flow and the macro environment. 1. Lower oil gives growth stocks some breathing room The earlier surge in oil prices raised concerns that energy costs would push inflation higher again and reduce the Federal Reserve’s room to ea
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Oil Pulls Back, the Yen Rebounds, and AI Earnings Improve: How Far Can the Tech Rally Run?
avatardaz999999999
08-03 18:40
$Micron Technology(MU)$   Key Growth Drivers (The Bull Case) AI-Driven Memory Shortages: High-Bandwidth Memory (HBM) supply is structurally constrained. Competitor reports from Samsung confirm that global capacity is locked in, giving Micron severe pricing power through 2027. Unprecedented Financial Scale: Micron's fiscal Q3 revenue soared to $41.5 billion—a massive 3.5x year-over-year increase. Its estimated fiscal 2027 revenue is projected to reach roughly $239 billion. Undervalued Multiples: Following the correction, the stock trades at roughly 18.6x trailing earnings but only 5.7x forward earnings. This is considered historically cheap for a major artificial intelligence hardware beneficiary. Long-Term Contra
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avatarMrs Clayts
08-03 14:50
And everyone was a skeptic
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avatarMarktomarket
08-03 14:45

Apple Wrote the Cheque. The Market Won't Let Micron Cash It.

$Apple(AAPL)$ fell 7.35 per cent on Friday, the only mega-cap to drop hard. The same day, $Amazon.com(AMZN)$ rose 15.32 per cent and $Alphabet(GOOG)$ 6.88 per cent. I left a question hanging last time. Tim Cook's line — memory is tight, it will hit next quarter — went into Apple's guidance, and it went into somebody's revenue too. Friday answered. It answered half. Apple's column got copied down; the column belonging to whoever collects the money got rubbed out. $Micron Technology(MU)$ -5.90%, $SanDisk Cor
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Apple Wrote the Cheque. The Market Won't Let Micron Cash It.
avatardaz999999999
08-03 12:04
$Micron Technology(MU)$   Micron Technology recently joined the elite club of trillion-dollar companies after its stock skyrocketed more than 900% in one year.  The company is benefiting from a tremendous memory pricing cycle, thanks to demand for artificial intelligence infrastructure.  Tight memory supply is driving ridiculous pricing growth, boosting revenue and profitability, and we expect supply constraints to keep prices rising into 2027. But the key question is how long this cycle lasts and how high it goes.  We expect a peak between 2027 and 2028 and a precipitous downcycle thereafter, in 2029.
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avatardaz999999999
08-02 09:18

Micron Technology (MU) Undervalued And Primed To Hit $1,200 - $1,500 In 8 - 12 Weeks Time

$Micron Technology(MU)$   Micron Technology (NASDAQ: MU) has been one of the hottest performers on the stock market over the past year, but its shares have witnessed a substantial pullback after reaching a 52-week high on June 25. Specifically, Micron stock is down nearly 28% from its 52-week high. This steep slide in the memory specialist's shares is quite surprising when we consider that it reported incredible results toward the end of June, along with impressive guidance. Clearly, external factors are impacting this high-growth company. So, even if Chinese memory manufacturers bring more supply to the market, undersupply is likely to persist. After all, shipments of personal computers and smartphones are takin
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Micron Technology (MU) Undervalued And Primed To Hit $1,200 - $1,500 In 8 - 12 Weeks Time
avatardaz999999999
08-02 09:05
$Micron Technology(MU)$   Wall Street analyst consensus for Micron Technology puts the average 12-month price target at roughly $1,500 to $1,570, with high forecasts reaching $2,200 and lower estimates around $1,100. Analyst Price Targets and Consensus Average Target: ~$1,507 – $1,569 High Forecast: $2,200 Low Forecast: $1,100 Sentiment: Roughly 89% to 96% of tracking analysts rate the stock a Buy or Strong Buy. Growth Drivers and Bullish Factors AI Infrastructure Demand: Massive secular demand for High Bandwidth Memory (HBM) and DRAM chips powering artificial intelligence. Explosive Earnings: Surging revenue and multi-fold increases in net income driven by industry-wide memory shortages. Micron Technology (NASDA
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avatarYoung_on_stocks
08-02

After Four Earnings Reports, SNDK’s Real Test Is How Big the Beat Can Be

These four earnings reports did not prove that the storage cycle is ending. If anything, they confirmed the opposite: AI data-center orders remain strong, storage prices are still rising, and supply remains tight. What has changed is the market’s scoring system. Previously, revenue growth and record profits were enough to push a stock higher. Now, even the strongest results in a company’s history can trigger a selloff if they fail to beat already-extreme consensus expectations. That is also how I view the upcoming earnings report from $SanDisk Corp.(SNDK)$ The results will probably be very strong. The problem is that “very strong” may no longer be enough. CompanyActual ResultsVersus ExpectationsMy View
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After Four Earnings Reports, SNDK’s Real Test Is How Big the Beat Can Be
avatarIsleigh
08-01

Micron +18%, SanDisk +26%: This Was Not a Short Squeeze. This Was the Thesis Returning.

Stop calling it a bounce. A bounce is what happens when nothing changed. What happened Thursday is different. Four separate entities, Samsung, Microsoft, Amazon, and Apple, each independently confirmed within 24 hours that the AI memory shortage is real, worsening, and extending further than the market had priced. When the buy-side was selling memory stocks on CXMT IPO fears and AI capex peak anxiety, the sell-side of that trade just had its thesis demolished by the four largest technology companies on Earth. Here is the full picture. Samsung reported its highest-ever quarterly revenue with operating profit of 89.5 trillion won, ahead of expectations. More importantly, it warned that memory supply constraints may persist into 2028 and signed multi-year supply agreements with major data cen
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Micron +18%, SanDisk +26%: This Was Not a Short Squeeze. This Was the Thesis Returning.
avatarPuts puts puts
08-01
The powerful rally across memory stocks points to a genuine fundamental trend restart rather than a temporary short squeeze. Strong profit figures from Samsung alongside comments from tech giants regarding tight memory supply and rising costs confirm that the memory downturn has bottomed. High bandwidth memory demand driven by AI servers is structurally constraining standard DRAM and NAND supply, giving producers significant pricing power. While extreme single day gains usually invite brief pullbacks, the underlying shift in supply and demand mechanics provides a solid foundation for further medium term upside.
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avatarsetia100
08-01
Doesn't make sense ❗The markets are showing bullish on memory stocks but I don't see any backlogs numbers of the memory chips from these companies ❗❗❗ 6 months, 1 years, ....etc backlog ❓
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avatarLanceljx
08-01
The rally looks like more than just a short squeeze, but it is probably not yet a clean trend restart. Samsung's strong profit rebound supports the idea that the memory cycle is improving, while Apple and Amazon both highlighting rising memory costs and tight supply suggests demand, especially for AI-related DRAM and HBM, remains robust. That is a fundamentally supportive signal. However, gains of 18% to 26% in a single session also point to heavy short covering after an extremely oversold period. Traders who had bet on a cycle peak were forced to unwind positions, magnifying the move. The key test now is whether: Memory contract prices continue rising over the next few months. HBM demand remains strong without weakness spreading to conventional DRAM and NAND. Upcoming earnings and guidanc
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avatarhighhand
07-31
V shape. boom boom shake the room.
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avatarTiger_comments
07-31

V-Shaped Reversal or U-Shaped Recovery? What Today’s AI Rebound Is Really Telling Us

After several brutal sessions, global technology stocks finally staged a powerful rebound. The Nasdaq rose 2.8%, while Microsoft’s post-earnings surge helped lift AI chips, cloud stocks and data-center names across the board. The move became even more dramatic in Asia. South Korea’s KOSPI jumped sharply, with Samsung Electronics and SK hynix surging as investors rushed back into semiconductor names. Taiwan’s market also rebounded strongly, led by TSMC. At first glance, this looks like a classic V-shaped reversal. But the more important question is: Has the correction really ended, or is the market only beginning a longer U-shaped repair process? Why did the rebound happen so quickly? The first reason is earnings. Microsoft showed that AI spending can already translate into cloud revenue, p
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V-Shaped Reversal or U-Shaped Recovery? What Today’s AI Rebound Is Really Telling Us
avatarMarktomarket
07-31

One Sentence:Apple Books It as Cost, SanDisk Books It as Revenue.

$Apple(AAPL)$ beat on revenue for its fiscal third quarter and fell 5.74 per cent after hours. Once the same call had wrapped up, $SanDisk Corp.(SNDK)$ rose 4.61 per cent in extended hours and $SK hynix(SKHY)$ 3.76 per cent. Between the two sits a single remark from Tim Cook: memory supply is tight, it will hit next quarter, and the company is stockpiling hard to get ahead of significant supply constraints. On Apple's books that sentence is a cost. On a memory maker's books it is revenue. One fact, two income statements, opposite signs. Before we put the whole 5.74 per cent on that one line: the same results missed
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One Sentence:Apple Books It as Cost, SanDisk Books It as Revenue.
avatardaz999999999
07-31
$Micron Technology(MU)$   Key Points For Backing Micron (MU) To Rise Again Micron's moat is a blend of scale economics (one of three scaled DRAM/NAND suppliers), process-technology parity-to-leadership (1γ DRAM and G9 NAND ramping as the highest-volume nodes in company history; next-gen nodes on track for 2H-CY27), and a first-mover position in differentiated form factors The 16 signed SCAs, take-or-pay, five-year, non-cancellable outside automotive, with price floors management states sit “well above peak quarterly margins in any past cycle” has structurally raised the earnings floor for the next downcycle. We reaffirm BUY on Micron with a price target of US$1,665, implying ~+40% upside to the indicative post-pr
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avatardaz999999999
07-31
$Micron Technology(MU)$   Key Points For Micron (MU) Rebound Micron's moat is a blend of scale economics (one of three scaled DRAM/NAND suppliers), process-technology parity-to-leadership (1γ DRAM and G9 NAND ramping as the highest-volume nodes in company history; next-gen nodes on track for 2H-CY27), and a first-mover position in differentiated form factors The 16 signed SCAs, take-or-pay, five-year, non-cancellable outside automotive, with price floors management states sit “well above peak quarterly margins in any past cycle” has structurally raised the earnings floor for the next downcycle. We reaffirm BUY on Micron with a price target of US$1,665, implying ~+40% upside to the indicative post-print level of ~
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