$MU 🤑Yo guys, this JPM note dropped a few days ago and it is ABSOLUTELY MASSIVE for Micron. This stupid market is playing games trying to shake us out by exhaustion, but make no mistake: there is LITERALLY no stock more bullish than
$MU right now!"
Read the print!
Here’s why the bear thesis is completely cooked:
Hyperscaler Capex Insanity: Top-4 US cloud giants projected to pump DC capex +85% YoY in CY26 and +70%+ in CY27. Demand is outpacing supply big time!
Structural S-D Shortage: ~20% supply deficit thru CY26/27. Accumulated HBM shortage hitting 23 WEEKS by CY28. HBM TAM exploding to $280B by CY28!
Unprecedented Visibility:
$MU locked in 26 SCAs covering 35%+ revenue thru 2030 ($150B RPO / $32B cash commitments). Over 75% of FY27 output is ALREADY COMMITTED!
Margin Floor Re-anchored: New long-term contracts signed at peak prices. Through-cycle GM FLOOR set at ~62% (above prior cycle peaks!).
This isn&
#39;t a temporary spike, it&
#39;s a structural supercycle. Long and strong!