💾 MU: memory is becoming the AI bottleneck
Micron closed at $931.24,
MU down 4.1% for the day and 13.3% over five sessions. At the same time, Micron says memory demand is expected to outpace supply through 2028.
My lean: cautiously BULLISH. Tight supply and AI demand support the longer-term story, but after a huge run, sharp pullbacks are a reminder that expectations are high. Is this dip a reset—or a warning that the memory trade got ahead of itself?
#Micron #MU #AI
Micron closed at $931.24,
MU down 4.1% for the day and 13.3% over five sessions. At the same time, Micron says memory demand is expected to outpace supply through 2028.
My lean: cautiously BULLISH. Tight supply and AI demand support the longer-term story, but after a huge run, sharp pullbacks are a reminder that expectations are high. Is this dip a reset—or a warning that the memory trade got ahead of itself?
#Micron #MU #AI