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Stock impact report

Micron: The AI Memory Boom Has Staying Power (For Now) [Seeking Alpha]

Micron Technology, Inc. (MU) 
Last micron technology, inc. earnings: 3/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
Company Research Source: Seeking Alpha
MU reported record Q1 revenue of $13.64BN (up 57% YoY) and operating margins rebounding to 45%, with HBM and Cloud Memory segments leading growth. HBM supply is sold out through FY2026; management forecasts HBM TAM to reach $100BN by 2028 at a 40% CAGR, but new capacity won't arrive until 2027-2028. MU is currently fairly valued at ~$420/share, with upside possible if supply constraints persist, but risks remain from cyclical margins, customer concentration, and AI CapEx sustainability. J Studios/DigitalVision via Getty Images Since our last review of Micron Technology ( MU MU:CA ZMIC:CA ) about a year ago, the company has experienced an extraordinary upward trend, rising 294%. This is largely attributable to sharply rising This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it exp Show less Read more
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