Micron’s stock bounces back in a big way: ‘The memory trade is alive and well’
AI disclosure
Summary
Long-term supply agreements are altering memory companies’ long-term earnings potential for the better, an analyst said.
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Its noise, $MU to $1500+ and more is math, not hype. Micron can only meet 50–67% of HBM/DRAM demand. Shortage is structural, new supply doesn't arrive till 2028. Goldman sees DRAM prices +280%. HBM sold out. Margins at 74.9%. This is scarce AI infra, not a chip stock. 🧠🔥 #MU
— Adnan Jafri (@adnan_jafri) June 7, 2026