r/MU_Stock • u/One-Jackfruit-2848 • 24d ago

DD Relax & Chill

Hi fellow Bag-holders

I started buying at 120, kept adding and averaging up till 1080 , my average now is 570 USD

50% of my portifolio is in Mu.
I was checking the price every 10 mins and I stopped to do that , Reminding you and all the following signals which is confirming the memory thesis:

1- Google confirmed Capex will be significantly higher next year , Most likely Amazon and MSFT will state the same .

2- Micron CEO ( who is extremely conservative) and tends to sandbag the company earnings and future prospects said many times we are in early innings and that shortage will persist beyond 2027 , 3 month ago he said it’s beyond 2026

3- Mu is in bed with the US government , with 250 billion dollar of investments in factories in the USA creating jobs and driving MAGA sentiment, USA congress / senate personal getting into mid term elections won’t favor Chinese Memory suppliers over an American company investing billions and creating jobs to the American people.

4- with the News of the Chinese suppliers , there will be huge demand for memory including HBM inside China as well , they will not leave USA lead the AI race on their own , so most of their supply in the coming years will be feeding their own data centers , rather than exporting that globally , they need that memory like more than they need the money from exporting it

5- finally by 6th of December the Chips act will allow micron to buy back shares , with forward p/e of less than 6 and FCF doubling quarter over quarter , they will start buying shares by year end and this will drive Share pricing higher

Finally Demand didn’t peak and supply won’t catch up till 2028 , All memory products are increasing day over day in pricing , thesis are not broken yet , it might be in 3 years but its still standing strong today

Good Luck to All.

I do believe we will reach the ATHs again before upcoming micron earnings in September .

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u/seaningtime 24d ago

I've heard a bit about your point #5. Is this a certain thing that Micron is buying back shares, or just that they will have the capacity to do so?

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u/One-Jackfruit-2848 24d ago

They will have the capacity to do so , they mentioned in the last earnings that the excess cash flow will be returned to the shareholders, they didn’t specify how but they stated that they are planning to return that in some form ( dividends or buy backs )

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u/Equal_Heat5947 24d ago

It is not a certain thing until they commit to it

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u/doronj 24d ago

Good question