Micron Technology reported a strong Q2 with revenue hitting $23.86 billion, driven by a 75% sequential growth and a $3.54 EPS beat, fueled by high demand for DRAM and NAND, especially for AI workloads. Despite this, the market's reaction to the new 245TB 6600 ION SSD launch seems overblown due to manufacturing limits that restrict near-term growth. The stock remains a Buy with an attractive valuation on a PEG basis, but investors should watch for cyclical risks, production bottlenecks, and market volatility. The author is reducing her position to secure profits after a 400% gain since first coverage.
Micron Technology reported a strong fiscal Q3 2026, significantly exceeding revenue, operating income, and earnings per share expectations. The company plans to increase capital expenditures to $10 billion in Q4, bringing the full-year total close to...
Micron Technology is rated a 'Strong Buy' under $1,000, driven by strong demand for AI data center memory and its position in a three-company oligopoly with Samsung and SK Hynix. The company reported a 346% year-over-year revenue increase in Q3 FY26,...
Micron Technology will pay a quarterly dividend of $0.15 per share on July 21, 2026, unchanged from previous payouts. Despite a modest dividend yield of 0.06%, Micron’s stock has surged over 700% in the past year, driven by booming demand for AI memo...
SanDisk's stock price skyrocketed 3,904.6% over the past year following its spin-off from Western Digital, driven by increased investor interest in memory hardware for AI data centers. A $1,000 investment in SanDisk last summer would now be worth ove...
David H. Lerner is accumulating shares of Meta Platforms and Micron, citing their strong long-term growth prospects driven by AI. Meta trades at a low forward P/E of about 18x with solid earnings and a strategic shift to AI cloud services and non-adv...
