Michael Burry replaced his unlimited short positions on Micron with put options expiring in June 2027, striking near $500, far below the current $1,065 share price. This move reflects his belief that the AI-driven stock rally may soon burst, requiring leveraged bets with a deadline. Despite Micron's strong gains over the past year, Burry's bearish stance contrasts with Wall Street's mostly positive outlook and high price targets. The key test will be Micron's earnings report on September 30, 2026, which could confirm or challenge Burry's timing and market view.
Micron Technology trades at USD 1,077.05 on Pluang as of Sep 30, 2026 20:32 WIB, up 1.12% for the day. The stock's market cap stands at $1.20 trillion with a 52-week high of $1.21K. Pluang users show a 62% sell and 38% buy order split, indicating mixed sentiment despite the recent gains.
Rambus, a maker of memory interface chips for AI servers, is trading well below its 52-week high but shows strong growth potential due to rising AI demand. The company reported a 20.43% revenue increase in fiscal Q2, beating estimates, and secured a ...
Micron stock's returns differ drastically depending on the purchase date, with five key entry points analyzed from 2000 to 2026. The best returns came from buying after Micron's 2013 acquisition of Elpida, yielding over 8,000%, while buying near the ...
Micron Technology is set to report record quarterly revenue of up to $51.33 billion, fueled by strong demand for high-bandwidth memory in the AI market. Earnings per share are expected to jump significantly to around $31.72, compared to $3.03 last ye...
SK Hynix shares rose 3% to $187.13, outpacing U.S. rivals Micron and Seagate as demand for high-bandwidth memory (HBM) in AI infrastructure grows. The Roundhill Memory ETF, heavily weighted in SK Hynix and Micron, also gained 2%, while the broader ma...
JPMorgan maintains an Overweight rating and $1,540 price target on Micron ahead of its fiscal Q4 earnings report on September 30, citing strong pricing momentum in DRAM and NAND markets. The firm expects Micron to beat consensus revenue, gross margin...
