Cantor Fitzgerald analyst CJ Muse argues that memory supply shortages will be tighter in 2027 than 2026, extending earnings growth for Micron Technology into 2028 and beyond. This outlook hinges on sustained hyperscale compute demand through 2029-2030, while new memory production capacity won't come online until 2028 at the earliest. Micron's strong recent earnings and guidance support this view, with the stock up over 700% in the past year. Investors await Micron's fiscal Q3 report on June 24, 2026, to see if management's outlook confirms this bullish scenario. SanDisk's similar comments on structural memory shortages reinforce the thesis. The key risk remains whether AI-driven demand continues as expected or if supply ramps up faster than anticipated.
Micron Technology's stock surged to new highs following its fiscal Q3 2026 earnings report, which beat expectations due to strong demand from AI and data center markets. The stock broke above previous resistance levels, supported by a rising trend ch...
Ben Reitzes of Melius Research recommends investors buy chip stocks such as Nvidia, Broadcom, Micron, AMD, and Dell, citing a long-term trend favoring compute power over cloud giants like Microsoft, Oracle, and Google. He argues that while AI demand ...
Micron Technology reported better-than-expected earnings and raised its guidance, driven by strong demand for AI-related memory chips. This robust demand, especially for high-bandwidth memory (HBM) used in data centers, could disrupt traditional memo...
Micron Technology surpassed Q3 earnings expectations with EPS of $25.11 and $41.5 billion in revenue, raising Q4 revenue guidance to $49-$51 billion. This strong performance is driven by a multi-year deal with AI developer Anthropic and rising demand...
Dell Technologies shares dropped 6% despite strong gains in memory and storage stocks like Western Digital, which rose 5%. The divergence highlights the impact of rising memory prices: Western Digital benefits from increased demand and pricing power ...
