Sep. 17 at 8:55 AM
$MU Big moves happening on the global supply chain side! Here is why this setup is absolutely massive for Micron:
https://seekingalpha.com/news/4643638-micron-opens-275b-india-facility-eyes-scaling-chip-production-to-hundreds-of-millions?utm_content=link-3&position=rta_news_sublogic_pretestlaunch_active_main_2_textlink&utm_source=seeking_alpha&utm_campaign=rta-stock-news&messageid=2900&mailingid=47521152&serial=47521152.40504&utm_term=47521152.40504&source=email_2900&utm_medium=email
Locked-In Demand with Dell: First shipment of "made-in-India" modules is already out the door directly to
$DELL! Securing captive, high-volume orders with a tier-1 hardware giant right out of the gate is flawless execution!
Insane Government Subsidies: Out of the
$2.75B facility cost, Micron is only paying ~
$825M! The Indian government is picking up 70% of the tab in incentives—lowering Capex intensity while boosting long-term Gross Margins! 💵🏛️
Massive Scaling Power: Production scaling from tens of millions of chips in 2026 to HUNDREDS of millions in 2027. They're freeing up US fabs exclusively for high-margin HBM/DRAM while executing low-cost backend packaging in India! 📈💥
Supply chain de-risking, government-funded Capex, and guaranteed customer demand—Sanjay and the team are executing masterfully!
TP
$2.000 next year
