
NASDAQ:MU
They report Wednesday. This has a habit of shares running up till reporting, then it drops after reporting. If you can handle this volatility, buy some before, then after the report. Their prospects are directly tied to a winder economic expansion. Also, there's a new refresh cycle coming in PC sales.
The decline in demand for PCs is unsustainable, and we've moved past the phase of cheap computes for our homes during Covid. If Samsung indeed cuts production, there will be a Q3 upside surprise in computers and semis. Whenever the semis cycle turns positive, Micron goes from the worst performer to the best. Buy this now.
It is best for the storage component of AI. He likes the short term outlook and it has been getting traction so you could add at this point. It can be quite volatile.