Guys, what a weekend windfall! 🧧 Micron will buy back $35.1 billion worth of shares in December. That's insane! Who still dares to say memory is heading for a crash?!
After Micron posted blockbuster earnings at the end of last month, with this incredible cash flow, I wondered: Who would buy a company with a forward P/E of just 4.9, an 87% gross margin, and profits higher than Google's? Turns out, Micron itself!