How High Can Micron Go In the Memory Supercycle? Here's What History Says
The Motley Fool
Micron Technology has surged over 300% in the past year due to AI-driven demand for memory chips, particularly high-bandwidth memory (HBM). The company is expected to see revenue double and earnings quadruple in fiscal 2026. While historical memory cycles show typical gains of ~600% from trough to peak, the current supercycle has unique elements including unprecedented hyperscaler capex spending on AI infrastructure. However, investors should be cautious as memory cycles are highly cyclical and ...
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