Mar. 19 at 11:32 AM
$MU bears screaming "peak" while stock drops -4% on record earnings. Let's check reality (Live Data 3/19).
👉If this is helpful to you, tap @NasdaqKnight
📊 THE NUMBERS DON'T LIE:
💰 Q2 Revenue:
$23.9B (+196% YoY) 💥
💎 EPS:
$12.20 (31% beat!)
🔮 Q3 Guide:
$33.5B (+260% YoY)
📈 Gross Margin: 81% incoming
Why the capex spend? 🏭
CEO says AI servers facing DRAM/NAND shortages . You don't build >
$25B fabs in Idaho/NY/Taiwan if demand peaked. You build because AI is a BLACK HOLE for memory .
💡 HBM4 already in volume production for NVDA's Vera Rubin . Next-gen HBM4e 2027. Micron is TIED to NVDA's roadmap.
🎯 Wall Street Sees It:
RBC:
$525 PT — "HBM sold out for CY26"
Bernstein:
$510 PT — "Structural supply lag"
Wedbush:
$500 PT — "Memory Fortress"
⚠️ Summit Insights downgraded on "supply concerns" . Translation: They're worried about too MUCH demand?
The only thing to fear is fear itself.
Who's buying this dip?
$NVDA $GOOGL
