Mar. 17 at 5:53 PM
$MU concerns regarding an earnings miss are unfounded. Some of
$NVDA and MU’s customers are amongst the largest, most valuable companies on the planet. Some of whom are in the midst of an ongoing AI arms-race to see whose product will eventually come out on top, and reap the untold but assumed benefits of such a position. This race for the best AI product means that none of these companies are sparing any expense in having the best tech money can possibly buy right now, which subsequently means that companies like Micron have unprecedented pricing power.
When some of your best customers are trillionaires (or at least the value of the companies being discussed), you’re not exactly worried about dolling out discount coupons.
