Added to YB: 2026-09-03
Pitch date: 2026-09-01
MU [bullish]
Micron Technology, Inc.
+2.71%
current return
Author Info
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Company Info
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally.
Market Cap
$1.1T
Pitch Price
$930.83
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.49
P/E
21.64
EV/Sales
11.73
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Micron Technology $MU: A critical layer powering AI
MU (overview): Micron spans HBM, conventional DRAM and NAND/SSDs, benefiting from industry-wide scarcity rather than an AI-only shortage: Q3 revenue rose 346% year over year to $41.46B with an 84.6% gross margin, driven overwhelmingly by pricing, while Q4 guidance calls for $50B and roughly 86%. The multiple remains discounted versus other AI hardware beneficiaries, but record margins can reverse as 2027-2029 capacity arrives; its $100B of strategic customer commitments remain untested through a severe downturn.
Read full article (14 min)