Jul. 14 at 7:13 PM
Based on IBM's outlook,
$MU could have a path toward the
$2,000+ level if the bullish thesis continues to play out.
These are IBM CEO exact words:
Late June revealed a major shift: companies increased spending on servers, storage, and memory as they rushed to secure supply ahead of expected cost increases.
Companies that'll benefit extremely:
Picks & shovels — capacity + power
$LRCX -(most memory-levered semicap)
$AMAT - Applied Materials
$VRT -(server power + cooling)
$MPWR - Monolithic Power (memory/server power)
Next alert is coming soon.
If you’re not following with notifications on, you’re likely seeing the move after it already happened.