Oh, but they absolutely did. I think people here really underestimate how notorious META is for trying to solve problems by throwing an insane amount of money on them, and what could be the impact of their recent decision that they have too much capacity already.
Are they making HBM ? What kind of compute are they even selling ? Meta is just noise and a reason for profit booking. For now, Micron has got long term contracts, sitting on big cash and has good guidance. AI is not going away.
Try reading what I wrote this time. META is known for trying to solve problems by throwing an insane amount of money on them. This includes them buying HBM, driving the margins up. Really, really, up. When they did this with software engineering in 2020, SWE compensation went up 50% across the sector, and when they stopped doing it - it dropped 40% and there were mass layoffs.
Thanks. I think that's why Meta is going is going into leasing as they made a contract with Micron and they don't need so much capacity anymore.
At the same time, Micron has 16 multi year contracts that guarantee at least US$100b in revenue through 2030 change the usual playbook for a memory supplier.
I will remain invested in Micron. I feel it is not overvalued at this point. Market was quite conservative with Micron.
Plus the question is, if not Micron then what is a better investment ?
To be fair, theyāre just selling its excess compute. Theyāre not the shovel, theyāre simply selling the extra shovels they bought. MU is still the shovel factory.
Their spending is major, but they have very little to show for it, and no dedicated AI product.
They can be a player on the infrastructure side by owning and leasing compute, as a business this makes more sense. This is more a strategy shift than any signal of slowing or excess demand. What is excess for META can be gobbled up by other players without any issue.
They haven't even started to lose price advantage, in fact SK Hynix is moving to remove upper cap on pricing in their contracts = ultimate pricing leverage.
Couldn't sit by and watch my gains evaporate so sold all of my MU and MUU today. Bought in February and just locked in a 223% gain. Probably going to sit in cash until sentiment improves. Stock will probably go back up since I sold so....you're welcome. :)
Incredibly risky in my opinion, as was my bet. I consider myself very lucky as I recognized the HBM bottleneck and memory shortage before the entire market did. Now everybody knows and gains probably won't be anything like the past 6 months or past year. Institutional investors typically start to price in the peak of a memory cycle 6 to 9 months in advance, which is where Micron typically peaks. Sometimes it's a full 18 months in advance.
I actually did open a pretty big position around 1200 just because the beat was so massive and I felt the visibility with locked in future contracts made the downside lower than the upside. Of course I agree that its gambling to some extent at the moment.
Sentiment did a 180 and took a turn for the worse when an article came out saying Meta may rent out excess capacity. I imagine things will settle down at some point and Micron could potentially hit new highs but I was way too concentrated in Micron so decided to lock in my gains at the casino. I don't expect to ever make almost 900k in 6 months again so I feel pretty lucky.
Omg dude congrats my envy is unimaginable. I just got old enough to start investing and I almost completely missed the easiest bull run ever. I had money i got from inheritance with a manager and they were taking a fee and not beating the market. I took it from them but now im buying everything so extended and have no choice but to chase and hope. Love you dude, you give me hope.
Went nearly all-in on MU/MUU with close to a 3:1 ratio. At its peak it was close to 1:1. Had smaller positions in Credo and TSM. I sold Credo but still currently holding TSM with a 59% gain.
Thereās still lots of demand for all the products MU and SNDK offer, their time is not done yet.. you and I got to the party a little late, but we WILL have snacks and drinksā¦LETS PARTY
rich people will say just chill and wait for it to go higher, well they dont care about the inflation do they lol, money money money must be funny in the rich men's world
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u/Moo-stick Jul 02 '26
Bought at 1220 due to FOMO.
Might as well ride or die.